HomeMy WebLinkAbout1998 01-12 EDAM Regular Session 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
JANUARY 12, 1998
CITY HALL
CALL TO ORDER
The Brooklyn Center Economic Development Authority (EDA) met in regular session and was
called to order by President Myrna Kragness at 7:50 p.m.
ROLL CALL
President Myrna Kragness, Commission members Kathleen Carmody, Debra Hilstrom, Kay Lasman,
and Robert Peppe. Also present: Executive Director Michael J. McCauley, City Attorney Charlie
LeFevere, and Council Secretary LeAnn Larson.
APPROVAL OF AGENDA AND CONSENT AGENDA
A motion by Commission member Carmody and seconded by Commission member Lasman to
approve the agenda and consent agenda as printed passed unanimously.
APPROVAL OF MINUTES
A motion by Commission member Carmody and seconded by Commission member Lasman to
approve the minutes of the December 15, 1997 Regular Session as printed passed unanimously.
RESOLUTION DESIGNATING DEPOSITORIES OF EDA FUNDS.
RESOLUTION NO. 98 -01
Member Carmody introduced the following resolution and moved its adoption:
RESOLUTION DESIGNATING DEPOSITORIES OF EDA FUNDS
The motion for the adoption of the foregoing resolution was duly seconded by member Lasman and
passed unanimously.
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COMMISSION CONSIDERATION ITEMS
RESOLUTION AMENDING CONTRACT FOR ACQUISITION AND RELOCATION SERVICES
FOR THE 53RD AVENIJE DEVELOPMENT AND LINKAGE PROJECT
City Manager McCauley explained that an additional $3,500 should be paid to Evergreen Land
Services for compensation claims for three unanticipated business relocation claims that have been
completed by Evergreen as part of the 53rd Avenue Development and Linkage Project.
RESOLUTION NO. 98 -02
Member Carmody introduced the following resolution and moved its adoption:
RESOLUTION AMENDING CONTRACT FOR ACQUISITION AND RELOCATION SERVICES
FOR THE 53RD AVENUE DEVELOPMENT AND LINKAGE PROJECT
The motion for the adoption of the foregoing resolution was duly seconded by member Lasman and
passed unanimously.
RESOLUTION ELECTING OFFICERS FOR THE ECONOMIC DEVELOPMENT AUTHORITY
IN AND FOR THE CITY OF BROOKLYN CENTER
City Manager McCauley noted that Minnesota Statutes provide that an economic development
authority shall elect a president, treasurer, and secretary on an annual basis. The following is the
slate of officers to serve the EDA in 1998:
President/Treasurer Myrna Kragness
Vice President Kay Lasman
Assistant Treasurer Charlie Hansen
Secretary G. Brad Hoffman
RESOLUTION NO. 98 -03
Member Carmody introduced the following resolution and moved its adoption:
RESOLUTION ELECTING OFFICERS FOR THE ECONOMIC DEVELOPMENT AUTHORITY
IN AND FOR THE CITY OF BROOKLYN CENTER
The motion for the adoption of the foregoing resolution was duly seconded by member Lasman and
passed unanimously.
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BLENDED HOME LOAN PROGRAM
City Manager McCauley explained some of the complexities of combining Community
Development Block Grant (CDBG) monies and Minnesota Housing Finance Agency (MHFA) funds.
One of the downsides of blending these programs is that CDBG funds are subject to federal block
grant regulations, which include income eligibility requirements, priorities as to eligible
expenditures, and competitive bidding. Given the federal regulations of the CDBG program, the
City's deferred loan money does not easily lend itself to a home loan program. Some discussion
ensued regarding transferring of monies between programs in the CDBG funds. Council requested
this item be brought back for discussion at a future work session.
ADJOURNMENT
A motion by Commission member Hilstrom and seconded by Commission member Carmody to
adjourn the meeting at 8:08 p.m. passed unanimously.
President d
Recorded and transcribed by:
LeAnn Larson
1/12/98