HomeMy WebLinkAbout1994 04-11 EDAM Regular 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
REGULAR SESSION
APRIL 11, 1994
CITY HALL
CALL TO ORDER
The Brooklyn Center Economic Development Authority (EDA) met in regular session and
was called to order by President Todd Paulson at 8:21 p.m.
ROLL CALL
President Todd Paulson, Commissioners Celia Scott, Dave Rosene, Barb Kalligher, and
Kristen Mann. Also present were City Manager Gerald Splinter, Community Development
Specialist Tom Bublitz, Attorney Jim Thompson, and Council Secretary Kathy Stratton.
APPROVAL OF AGENDA
There was a motion by Commissioner Kalligher and seconded by Commissioner Rosene to
approve the agenda as printed.
APPROVAL OF MINUTES
MARCH 28, 1994 REGULAR SESSION
There was a motion by Commissioner Kalligher and seconded by Commissioner Rosene to
approve the minutes of the March 28, 1994, EDA meeting as printed. Commissioners Scott
and Mann abstained from voting. The motion passed.
RESOLUTIONS
The City Manager presented a Resolution Providing for a Public Hearing Regarding the
Sale of Land to Habitat for Humanity by the Economic Development Authority in and for
the City of Brooklyn Center and Authorizing the Executive Director to Negotiate a Purchase
Agreement for the Sale of Such Land Located at 5206 Drew Avenue North in Brooklyn
Center.
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RESOLUTION NO. 94 -12
Commissioner Celia Scott introduced the following resolution and moved its adoption:
RESOLUTION PROVIDING FOR A PUBLIC HEARING REGARDING THE SALE
OF LAND TO HABITAT FOR HUMANITY BY THE ECONOMIC DEVELOPMENT
AUTHORITY IN AND FOR THE CITY OF BROOKLYN CENTER AND
AUTHORIZING THE EXECUTIVE DIRECTOR TO NEGOTIATE A PURCHASE
AGREEMENT FOR THE SALE OF SUCH LAND LOCATED AT 5206 DREW
AVENUE NORTH IN BROOKLYN CENTER
The motion for the adoption of the foregoing resolution was duly seconded by
Commissioner Barb Kalligher, and the motion passed unanimously.
The City Manager presented a Resolution Authorizing Submittal of an Application for
Funding Under the 1994 Minnesota City Participation Program (MCPP). He explained this
is the Minnesota Housing Finance Agency's (MHFA) first -time home buyer program.
Commissioner Mann said she would like the City to apply for the maximum amount of
funding allowable.
The Community Development Specialist said the program is complicated by the allocation
process. He stated the MHFA is discouraging applying for the maximum amount of funds,
which is a moot point because cities never receive the amount requested anyway, in fact, the
amount received is often only half what was requested.
Commissioner Mann said she had been unaware of that.
Frank Slawson, Marquette Bank of Brookdale, said he would encourage the City to apply
for every nickel it can get because the lenders will use it.
Mayor Paulson explained the maximum is $4 million, and Brooklyn Center had made plans
to apply for $3.7 million.
Commissioner Rosene asked how significant $300,000 would be.
Mr. Slawson said $300,000 would represent approximately five mortgages.
Commissioner Rosene said he would like to amend the resolution to request the full $4
million.
Commissioner Kalligher asked the Community Development Specialist if he didn't want to
request the full amount, and he replied it would not be a problem. He continued it is kind
of a game going to the allocation meeting when funding is allocated because everybody
applies for more than they can get anyway.
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Commissioner Scott said she has no problem with going for the full amount either, but she
wanted to note that Brooklyn Center has consistently outperformed other cities in this area.
She commended Mr. Slawson and said she is encouraged to see more lenders jump on the
band wagon. She said she was confident Brooklyn Center will use any money received.
RESOLUTION NO. 94 -13
Commissioner Barb Kalligher introduced the following resolution and moved its adoption
with the change of requested amount to $4 million.
RESOLUTION AUTHORIZING SUBMITTAL OF AN APPLICATION FOR FUNDING
UNDER THE 1994 MINNESOTA CITY PARTICIPATION PROGRAM (MCPP)
The motion for the adoption of the foregoing resolution was duly seconded by
Commissioner Dave Rosene, and the motion passed unanimously.
ADJOURNMENT
There was a motion by Commissioner Kalligher and seconded by Commissioner Mann to
adjourn the meeting. The motion passed unanimously. The Brooklyn Center Economic
Development Authority adjourned at 8:28 p.m.
Recorded and transcribed by:
Kathy Stratton
TimeSaver Off Site Secretarial
4/11/94
Todd Paulson, President