HomeMy WebLinkAbout1992 11-09 EDAM Special Session MINUTES OF THE PROCEEDINGS OF THE ECONOMIC
DEVELOPMENT AUTHORITY OF THE CITY OF BROOKLYN
CENTER IN THE COUNTY OF HENNEPIN AND STATE
OF MINNESOTA
SPECIAL SESSION
NOVEMBER 9, 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 11:25 p.m.
ROLL CALL
President Todd Paulson, Commissioners Celia Scott, Jerry Pedlar, Dave Rosene and
Philip Cohen. Also present were City Manager Gerald Splinter, EDA Coordinator Brad
Hoffman, City Attorney Charlie LeFevere, and Council Secretary Nancy Berg.
APPROVAL OF MINUTES
OCTOBER 19. 1992 WORK SESSION
There was a motion by Commissioner Cohen and seconded by Commissioner Paulson
to approve the minutes of the October 19, 1992, EDA meeting. The motion passed:
three ayes, two abstains. Commissioners Scott and Pedlar abstained.
OCTOBER 26. 1992 SPECIAL SESSION
There was a motion by Commissioner Rosene and seconded by Commissioner Pedlar to
approve the minutes of the October 26, 1992, EDA meeting. The motion passed
unanimously.
RESOLUTION
The City Manager presented a Resolution Approving Development Agreement with
Evergreen Development Corporation.
The City Attorney reported the purchase price is the fair market value for the property.
He explained the purchase could have been handled by purchase agreement, but the City
wanted this project and the tax increment as soon as possible. The City Attorney
explained the agreement with Evergreen Development Group will generate substantive
tax increment for Brooklyn Center. He also stated a storm pipe and storm holding pond
will need to be relocated, and will be done at the expense of the Evergreen Development
Group. He further reported if the Council approves this development agreement, the
closing will take place this week.
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RESOLUTION NO. 92 -39
Commissioner Cohen introduced the following resolution and moved its adoption:
RESOLUTION APPROVING DEVELOPMENT AGREEMENT WITH
EVERGREEN DEVELOPMENT CORPORATION
The motion for the adoption of the foregoing resolution was duly seconded by
Commissioner Rosene, and the motion passed unanimously.
ADJOURNMENT
There was a motion by Commissioner Scott and seconded by Commissioner Pedlar to
adjourn the meeting. The motion passed unanimously. The Brooklyn Center Economic
Development Authority adjourned at 11:32 p.m.
Todd Paulson, President
Recorded and transcribed by:
Nancy Berg
Northern Counties Secretarial Services
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