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HomeMy WebLinkAbout1988 07-25 EDAM Special Session1 1 MINUTES OF THE PROCEEDINGS OF THE ECONOMIC 'DEVELOPMENT AUTHORITY OF THE CITY OF BROOKLYN CENTER :IN THE COUNTY OF HENNEPIN AND THE STATE OF MINNESOTA SPECIAL SESSION JULY 25, 1988 CITY HALL CALL TO ORDER The Brooklyn Center Economic Development Authority met in special session and was called to order by President Dean Nyquist at 9:25 p.m. ROLL CALL President Dean Nyquist, Commissioners Gene Lhotka, Celia Scott, and Bill Hawes. Also present were EDA Director Gerald Splinter, Director of Public Works Sy Knapp, Director of Planning and Inspection Ron Warren, Finance Director Paul Holmlund, City Attorney Charlie LeFevere, EDA Coordinator Brad Hoffman, and Administrative Aid Patti Page. President Nyquist noted Commissioner Theis was absent from this evening's meeting. APPROVAL OF MINUTES JULY 11, 1988 The City Manager stated consideration of these approval of these minutes should be laid over until the next meeting. RESOLUTION NO. 88 -15 Member Gene Lhotka introduced the following resolution and moved its adoption: RESOLUTION APPROVING ONE (1) BROOKLYN CENTER ECONOMIC DEVELOPMENT AUTHORITY GRANT (FILE NO. H65) The motion for the adoption of the foregoing resolution was duly seconded by member Celia Scott, and the motion passed with Councilmember Hawes opposed. Councilmember Hawes stated he objects to passage of this resolution on the same basis as past applications because the applicant has only moved into the house recently. He stated he feels the City is being taken advantage of. DISCUSSION ITEM SCHEMATIC DESIGN AND COST ANALYSIS OF THE EARLE BROWN FARM The EDA Coordinator briefly reviewed the discussions and requests from the July 7, 1988, meeting. He noted at that time there was some discussion regarding saving all the buildings and putting them in a shell like condition. He briefly reviewed the initial proposed cuts. He went on to review the funding sources for the project. He stated at this point staff is anticipating a late fall bid on the project. President Nyquist inquired what the scaling down of the project means to the revenue from the project. The EDA Coordinator stated at this point the scaling down would be very good for the office space because the money does 7 -25 -88 -1- not have to be spent until there is a tenant ready to move in stated staff would have a recommendation on the financing for next EDA meeting. There was a motion by Commissioner Lhotka and seconded by approving the schematic design for the Earle Brown Farm. unanimously. 7 -25 -88 -2- The City Manager the project at the Commissioner Scott The motion passed ADJOURNMENT There was a motion by Commissioner Scott and seconded by Commissioner Lhotka to adjourn the meeting. The motion passed unanimously. The Brooklyn Center Economic Development Authority meeting adjourned at 9:55 p.m. 1