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HomeMy WebLinkAbout1994 08-08 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 AUGUST 8, 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 7:21 p.m. ROLL CALL President Todd Paulson and Commissioners Celia Scott and Kristen Mann. Also present were City Manager Gerald Splinter, Community Development Specialist Tom Bublitz, Director of Public Services Diane Spector, City Attorney Charlie LeFevere, and Council Secretary Barb Collman. Commissioners Dave Rosene and Barb Kalligher were excused from tonight's meeting. APPROVAL OF AGENDA AND CONSENT AGENDA President Paulson inquired if any Commissioner requested any items be removed from the consent agenda. No requests were made. There was a motion by Commissioner Mann and seconded by Commissioner Scott to approve the August 8, 1994, EDA agenda and consent agenda as presented. The motion passed unanimously APPROVAL OF MINUTES JULY 25, 1994 REGULAR SESSION There was a motion by Commissioner Mann and seconded by Commissioner Scott to approve the minutes of the July 25, 1994, EDA meeting as printed. The motion passed unanimously. RESOLUTIONS RESOLUTION NO. 94 -32 Commissioner Kristen Mann introduced the following resolution and moved its adoption: 8/8/94 1 RESOLUTION AUTHORIZING PRESIDENT AND EXECUTIVE DIRECTOR TO EXECUTE THIRD -PARTY AGREEMENT FOR YEAR XX URBAN HENNEPIN COUNTY COMMUNITY DEVELOPMENT BLOCK GRANT PROGRAM The motion for the adoption of the foregoing resolution was duly seconded by Commissioner Celia Scott, and the motion passed unanimously. RESOLUTION NO. 94 -33 Commissioner Kristen Mann introduced the following resolution and moved its adoption: RESOLUTION ADJUSTING INCOME LIMITS FOR THE EDA'S HOUSING REHABILITATION DEFERRED LOAN PROGRAM TO COMPLY WITH 1994 HOUSING AND URBAN DEVELOPMENT (HUD) COMMUNITY DEVELOPMENT BLOCK GRANT (CDBG) PROGRAM INCOME LIMITS The motion for the adoption of the foregoing resolution was duly seconded by Commissioner Celia Scott, and the motion passed unanimously. PUBLIC HEARING ON PROPOSED SALE OF EDA OWNED PROPERTY AT 6601 BRYANT AVENUE NORTH The Community Development Specialist reminded the EDA it had previously accepted an offer on the lot at 6601 Bryant Avenue North and a public hearing remained open. The Community Development Specialist reviewed the documents and the process expected to lead to the completion of the sale. Initially, there will be a purchase agreement with a contingency provision which allows 90 days (until October 6, 1994) for the buyer to sell his current Brooklyn Center home. He noted the EDA cannot accept any other offers on the property during the 90 -day period. If the buyer does follow through on the agreement, the assumed closing date would be December 6, 1994. At that time, a Contract For Deed would be issued. At closing, the abstract would be updated. The Contract For Deed would provide for a downpayment of $500 to be followed by the balance of $23,500 30 days after closing. The addendum of the Contract For Deed allows for a full construction season for the house to be built, so the assumed date of completion would be September 27, 1995. At that time, final payment of the lot will be due. He commented insurance to cover the EDA during construction is built into the agreement. Also, the City would receive a copy of the building plans for the record. The Community Development Specialist noted the buyer, Sheldon Wright, is present at tonight's meeting. President Paulson opened the meeting for the purpose of a public hearing on proposed sale of EDA owned property at 6601 Bryant Avenue North at 7:27 p.m. He inquired if there was anyone present who wished to address the EDA. There were none. 8/8/94 2 1 1 There was a motion by Commissioner Scott and seconded by Commissioner Mann to close the public hearing at 7:28 p.m. The motion passed unanimously. The City Manager presented a Resolution Authorizing President and Executive Director to Execute Purchase Agreement and Contract for Deed for the Sale of the EDA Owned Property Located at 6601 Bryant Avenue North. RESOLUTION NO. 94 -34 Commissioner Celia Scott introduced the following resolution and moved its adoption: RESOLUTION AUTHORIZING PRESIDENT AND EXECUTIVE DIRECTOR TO EXECUTE PURCHASE AGREEMENT AND CONTRACT FOR DEED FOR THE SALE OF THE EDA OWNED PROPERTY LOCATED AT 6601 BRYANT AVENUE NORTH The motion for the adoption of the foregoing resolution was duly seconded by Commissioner Kristen Mann, and the motion passed unanimously. RESOLUTIONS CONTINUED The City Manager presented a Resolution Approving One (1) Brooklyn Center Economic Development Authority Grant (File No. H -121 [8047]). Commissioner Scott thanked the Community Development Specialist for the modification made to the presentation, which provides more information than the previous format. President Paulson noted the Table of Contents on the application provides a space for the dollar amounts. This space would be helpful to figure a running total of expenses; however, the space is not filled in. The Community Development Specialist said those amounts are entered after the bid amounts are received from the contractors. He said it is difficult for the inspectors to estimate the amounts but he would study the issue and report back to the EDA. He went on to say perhaps generic costs could be obtained for standard items. President Paulson said generic costs would be helpful; it would allow the EDA to ascertain if priorities are being met. He also mentioned a comparison of exterior work to interior work would be a benefit. The Community Development Specialist commented the homes being considered for grants at this time have adequate exteriors. Commissioner Scott stated she had meant she appreciated the breakdown into electrical, etc. The Community Development Specialist suggested there could be a breakdown between interior and exterior work. President Paulson agreed that would be a desirable addition. 8/8/94 3 Recorded and transcribed by: Barb Collman TimeSaver Off Site Secretarial 8/8/94 RESOLUTION NO. 94 -35 Commissioner Celia Scott introduced the following resolution and moved its adoption: RESOLUTION APPROVING ONE (1) BROOKLYN CENTER ECONOMIC DEVELOPMENT AUTHORITY GRANT (FILE NO. H -121 [8047]) The motion for the adoption of the foregoing resolution was duly seconded by Commissioner Kristen Mann, and the motion passed unanimously. The City Manager presented a Resolution Approving One (1) Brooklyn Center Economic Development Authority Grant (File No. H -122 [8048]). RESOLUTION NO. 94 -36 Commissioner Kristen Mann introduced the following resolution and moved its adoption: RESOLUTION APPROVING ONE (1) BROOKLYN CENTER ECONOMIC DEVELOPMENT AUTHORITY GRANT (FILE NO. H -122 [8048]) The motion for the adoption of the foregoing resolution was duly seconded by Commissioner Celia Scott, and the motion passed unanimously. ADJOURNMENT There was a motion by Commissioner Scott and seconded by Commissioner Mann to adjourn the meeting. The motion passed unanimously. The Brooklyn Center Economic Development Authority adjourned at 7:35 p.m. to Executive Session of the City Council to discuss pending litigation under the attorney /client privilege. Todd Paulson, President