HomeMy WebLinkAbout1999 01-25 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 25, 1999
CITY HALL
1. CALL TO ORDER
The Brooklyn Center Economic Development Authority (EDA) met in regular session and was
called to order by President Myrna Kragness at 7:42 p.m.
2. ROLL CALL
President Myrna Kragness, Commission Members Debra Hilstrom, Kay Lasman, Ed Nelson, and
Robert Peppe. Also present: Executive Director Michael J. McCauley, Assistant City Manager/HR
Director Jane Chambers, City Attorney Charlie LeFevere, and Recording Secretary Maria
Rosenbaum.
3. APPROVAL OF AGENDA AND CONSENT AGENDA
A motion by Commissioner Lasman, seconded by Commissioner Hilstrom to approve the agenda
and consent agenda. Motion passed unanimously.
3a. APPROVAL OF MINUTES
A motion by Commissioner Lasman, seconded by Commissioner Hilstrom to approve the minutes
from the regular session on January 11, 1999. Motion passed unanimously.
4. COMMISSION CONSIDERATION ITEMS
4a. RESOLUTION APPROVING EXTENSION AGREEMENT WITH
BOULEVARD SHOPPES, LLC AND RESCINDING NOTICE OF
TERMINATION OF CONTRACT FOR PRIVATE REDEVELOPMENT
4b. DISCUSSION OF ACQUISITION OF OWNER OCCUPIED RESIDENCES
Executive Director Michael McCauley requested discussion of items 4a and 4b together. Mr.
McCauley advised the Council that an addendum had been received to the contract for private
redevelopment that incorporates Mr. Nelson's request for an extension until March 16, 1999. The
terms of the addendum require Boulevard Shoppes, LLC to provide proof by 4:30 p.m. on March
16, 1999, that all portions of the redevelopment property not owned by the EDA have been acquired
by the redeveloper and closing has occurred on those properties.
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By the terms of this addendum, the Agreement automatically terminates, without any further notice l
if such property acquisition has not been demonstrated by March 16, 1999. The addendum requires
Boulevard Shoppes, LLC to assign any purchase agreements that it had acquired to the EDA in the
event of termination of the Agreement and also provides that the EDA may negotiate with owners
of single family residential homes in the redevelopment property and P urchase such homes.
Julie Berg, 6944 June Avenue North, addressed the Council with concern of her closing date of
February 15, 1999. It was noted that the information she is waiting on should be ready before her
closing date. Ms. Berg also addressed concern about her neighbor who is renting and waiting to
know what type of moving costs she will receive, if any.
Commissioner Hilstrom requested to find the status of a contract with the property that the renter is
currently renting from. Mr. McCauley indicated that the status can be investigated and suggested
to move forward with owner- occupied homes.
Dan Holmes, 6932 June Avenue North, addressed the Council to ask if an unsigned contract was
considered an executed contract. Mr. McCauley responded that it is not considered a contract.
Katie Berg, 6944 June Avenue North, addressed the Council to share that she hopes she will know
soon what is going to happen with the shopping mall.
RESOLUTION NO. 99 -06
Commissioner Nelson introduced the following resolution and moved its adoption:
RESOLUTION APPROVING EXTENSION AGREEMENT WITH BOULEVARD SHOPPES,
LLC AND RESCINDING NOTICE OF TERMINATION OF CONTRACT FOR PRIVATE
REDEVELOPMENT
The motion for the adoption of the foregoing resolution was duly seconded by Commissioner
Lasman. Motion passed unanimously.
5. ADJOURNMENT
A motion by Commissioner Nelson, seconded by Commissioner Lasman to adjourn the meeting at
7:59 p.m. Motion passed unanimously.
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