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HomeMy WebLinkAbout1992 06-22 EDAM Special Session1 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 JUNE 22, 1992 CITY HALL CALL TO ORDER The Brooklyn Center Economic Development Authority met in special session and was called to order by President Todd Paulson at 11:27 p.m. ROLL CALL President Todd Paulson, Commissioners Celia Scott, Jerry Pedlar, Dave Rosene, and Philip Cohen. Also present were City Manager Gerald Splinter, Assistant EDA Coordinator Tom Bublitz, City Attorney Charlie LeFevere, Director of Planning and Inspection Ron Warren, and Council Secretary Carla Wirth. APPROVAL OF MINUTES JUNE 8, 1992 SPECIAL SESSION There was a motion by Commissioner Scott and seconded by Commissioner Rosene to approve the minutes of the June 8, 1992, EDA meeting. The motion passed unanimously. DISCUSSION ITEM CONSIDERATION OF ACQUISITION OF 5340 COLFAX AVENUE NORTH UNDER THE CITY'S SCATTERED SITE REDEVELOPMENT PROGRAM The Assistant EDA Coordinator explained staff was contacted on May 27, 1992, by a real estate agent with Coldwell Banker who is listing the property at 5340 Colfax Avenue North. The agent representing the owner of the property requested the EDA consider purchasing the property. Staff inspected the property (built in 1910) and found every major system needs replacement. The Assistant EDA Coordinator reviewed items needing replacement as outlined in the staff report, and recommended the EDA authorize staff to proceed with an appraisal of this property (estimated at $475 including copies). There was a motion by Commissioner Cohen and seconded by Commissioner Rosene to direct staff to proceed with an appraisal of the property at 5340 Colfax Avenue North. The motion passed unanimously. 6/22/92 1 The motion for the adoption of the foregoing resolution was duly seconded by Commissioner Rosene, and the motion passed unanimously. RESOLUTIONS The City Manager introduced a Resolution Authorizing the Acquisition of Certain Real Property within the City of Brooklyn Center and Establishing Offer of Just Compensation for Said Property Located at 5206 Drew Avenue North in Brooklyn Center. The Assistant EDA Coordinator reviewed the staff report and appraisal information. Since the estimated market rental rate of this property exceeds the Section 8 fair market rents for a one bedroom unit, the EDA is exempt from the one for -one housing replacement rule which requires that any affordable units demolished must be replaced on a one for -one basis within a three -year period. He recommended approval of the proposed resolution which would authorize staff to proceed with negotiations for the acquisition. RESOLUTION NO. 92 -23 Commissioner Scott introduced the following resolution and moved its adoption: RESOLUTION AUTHORIZING THE ACQUISITION OF CERTAIN REAL PROPERTY WITHIN THE CITY OF BROOKLYN CENTER AND ESTABLISHING OFFER OF JUST COMPENSATION FOR SAID PROPERTY LOCATED AT 5206 DREW AVENUE NORTH IN BROOKLYN CENTER The City Manager introduced a Resolution Approving Two (2) Brooklyn Center Economic Development Authority Grants (File No. H -105 [8031] and H -106 [8032]). President Paulson noted this item is part of the long -range policy developed by the EDA for grants and acquisitions. RESOLUTION NO. 92 -24 Commissioner Rosene introduced the following resolution and moved its adoption: RESOLUTION APPROVING TWO (2) BROOKLYN CENTER ECONOMIC DEVELOPMENT AUTHORITY GRANTS (FILE NO. H -105 [8031] AND H -106 [8032]) The motion for the adoption of the foregoing resolution was duly seconded by Commissioner Pedlar, and the motion passed unanimously. ADJOURNMENT There was a motion by Commissioner Pedlar and seconded by Commissioner Rosene to adjourn the meeting. The motion passed unanimously. The Brooklyn Center Economic Development Authority adjourned at 11:34 p.m. Recorded and transcribed by: Carla Wirth Northern Counties Secretarial Services 6/22/92 Todd Paulson, President