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HomeMy WebLinkAbout1992 11-23 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 23, 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 9:41 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 NOVEMBER 9, 1992 SPECIAL SESSION There was a motion by Commissioner Scott and seconded by Commissioner Pedlar to approve the minutes of the November 9, 1992, EDA meeting. The motion passed unanimously. RESOLUTION The City Manager presented a Resolution Authorizing President and Executive Director to Execute Third -Party Agreement for Year XVIII Urban Hennepin County Community Development Block Grant Program. RESOLUTION NO. 92 -40 Commissioner Rosene introduced the following resolution and moved its adoption: RESOLUTION AUTHORIZING PRESIDENT AND EXECUTIVE DIRECTOR TO EXECUTE THIRD -PARTY AGREEMENT FOR YEAR XVIII URBAN HENNEPIN COUNTY COMMUNITY DEVELOPMENT BLOCK GRANT PROGRAM The motion for the adoption of the foregoing resolution was duly seconded by Commissioner Scott, and the motion passed unanimously. 11/23/92 -1- RESOLUTION NO. 92 -41 Commissioner Rosene introduced the following resolution and moved its adoption: RESOLUTION APPROVING ONE (1) BROOKLYN CENTER ECONOMIC DEVELOPMENT AUTHORITY GRANT (FILE NO. H -107 [8033]) The motion for the adoption of the foregoing resolution was duly seconded by Commissioner Pedlar, and the motion passed unanimously. The City Manager introduced a Resolution Approving Purchase Agreement for the Purchase of 6525, 6527, and 6529 Willow Lane. Councilmember Pedlar stated this is a good opportunity for redevelopment, but there are presently tenants in this building and noted the City will have to put some money back into this property to improve its condition. The City Manager explained the improvement costs will be covered by the revenue flow from the rent payments. The EDA Coordinator explained it will be about a two -year period to phase out all tenants. He stated the properties will not supply revenue, but the improvement costs will be covered by the rents. RESOLUTION NO. 92 -42 Commissioner Rosene introduced the following resolution and moved its adoption: RESOLUTION APPROVING THE PURCHASE OF REAL PROPERTY AT 6525 -29 WILLOW LANE; AUTHORIZING EXECUTION OF PURCHASE AGREEMENT The motion for the adoption of the foregoing resolution was duly seconded by Commissioner Pedlar, and the motion passed unanimously. The City Manager announced there will be an Executive Session of City Council to discuss strategy for labor contract negotiations immediately following adjournment. ADJOURNMENT There was a motion by Commissioner Scott and seconded by Commissioner Rosene to adjourn the meeting. The motion passed unanimously. The Brooklyn Center Economic Development Authority adjourned at 9:50 p.m..-- Todd Paulson, President Recorded and transcribed by: Nancy Berg Northern Counties Secretarial Services 11/23/92 -2-