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HomeMy WebLinkAbout1989 10-09 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 OCTOBER 9, 1989 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 9:35 p.m. ROLL CALL President Dean Nyquist, Commissioners Celia Scott, Todd Paulson, and Philip Cohen. Also present were EDA Director Gerald Splinter, Director of Public Works Sy Knapp, Finance Director Paul Holmlund, Director of Planning and Inspection Ron Warren, City Attorney Charlie LeFevere, EDA Coordinator Brad Hoffman, and Administrative Aide Patti Page. President Nyquist noted Commissioner Pedlar would be absent from this evening's meeting. APPROVAL OF MINUTES SEPTEMBER 25. 1989 SPECIAL SESSION There was a motion by Commissioner Paulson and seconded by Commissioner Cohen to approve the minutes of the September 25, 1989, meeting. The motion passed. Commissioner Scott abstained from the vote as she was not present at this meeting. RESOLUTION The EDA Director presented a Resolution Approving One (1) Brooklyn Center Economic Development Authority Grant (File No. H75). RESOLUTION NO. 89 -30 Commissioner Celia Scott introduced the following resolution and moved its adoption: RESOLUTION APPROVING ONE (1) BROOKLYN CENTER ECONOMIC DEVELOPMENT AUTHORITY GRANT (FILE NO. H75) The motion for the adoption of the foregoing resolution was duly seconded by Commissioner Todd Paulson, and the motion passed unanimously. DISCUSSION ITEM ACQUISITION OF TWO BROOKLYN CENTER HOMES The EDA Coordinator stated he has not spoken with the owners of either of these properties regarding acquisition of the homes at this time. He stated he merely wanted to make the EDA aware of these two homes and ask for further direction. He went on to explain the home at 5956 Beard Avenue North was originally worked on under the Rehab Grant Project. He noted the grant work was never totally completed because of a divorce. He stated this property and the one directly 10/9/89 -1- south of it represent the He stated at this time notified of the mortgage necessary this evening, information for the next m The EDA Coordinator stated the home at 6730 Perry Avenue North is a slab home. He noted the waste water line has been leaking for approximately two and one half years. He noted the owner contacted the City seeking a rehab grant. He stated an inspection was completed and even if the EDA were to approve a $10,000 grant and a $9,000 grant were approved by the County, it would not bring this home to the minimum Section 8 standards. He noted this home is not worth putting any money into. He stated he has not spoken with the property owner but he can do so before the next meeting. Commissioner Cohen stated he feels the EDA should move forward on both homes. Commissioner Scott stated she disagrees with Commissioner Cohen, and she believes the EDA should hold off on the home at 5956 Beard Avenue North and allow the mortgage company to take it back. She stated the EDA could then negotiate a price on the home, and it may be less than what they would pay at the foreclosure sale. The EDA Coordinator stated this route has some pros and cons to it. He noted another party may buy the home at the foreclosure sale and then the EDA would lose out on it. President Nyquist noted he would abstain from voting on this issue because one of the homeowners is a client of his office. There was a motion by Commissioner Cohen and seconded by Commissioner Paulson directing staff to prepare further information on the acquisition of 5956 Beard Avenue North and 6730 Perry Avenue North for the October 23, 1989, EDA meeting. The motion passed. President Nyquist abstained from the vote. ADJOURNMENT There was a motion by Commissioner Scott and seconded by Commissioner Paulson to adjourn the meeting. The motion passed unanimously. The Brooklyn Center Economic Development Authority adjourned at 9 :48 p.m. 10/9/89 -2- two worst properties in this particular neighborhood. the home is in foreclosure, and the City has been foreclosure sale date. He stated no decision is and if the EDA so wishes, staff can compile more eeting. 1