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HomeMy WebLinkAbout1999 03-08 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 MARCH 8, 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 8:19 p.m. 2. ROLL CALL President Myrna Kragness, Commission Members Kay Lasman, Ed Nelson, and Robert Peppe. Commission Member Debra Hilstrom was absent and excused. 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 Nelson to approve the agenda and consent agenda. Motion passed unanimously. 3a. APPROVAL OF MINUTES A motion by Commissioner Lasman, seconded by Commissioner Nelson to approve the minutes from the regular session on March 8, 1999. Motion passed unanimously. 4. PUBLIC HEARINGS 4a. CONTINUATION OF PUBLIC HEARING ON CREATION OF TAX INCREMENT FINANCING DISTRICT FOR JOSLYN SITE RESOLUTION APPROVING THE ESTABLISHMENT OF TAX INCREMENT FINANCING (SOILS CONDITION) DISTRICT NO. 4 AND THE ADOPTION OF A TAX INCREMENT FINANCING PLAN THEREFOR Executive Director Michael J. McCauley discussed this resolution was adopted by the City Council and that the EDA must also approve the district and adopt the plan. 03/08/99 -1- A motion by Commissioner Lasman, seconded by Commissioner Nelson to open the Public Hearing. Motion passed unanimously. No one wished to address the Commission. A motion by Commissioner Lasman, seconded by Commissioner Peppe to close the Public Hearing. Motion passed unanimously. RESOLUTION NO. 99 -08 Commissioner Peppe introduced the following resolution and moved its adoption: RESOLUTION APPROVING THE ESTABLISHMENT OF TAX INCREMENT FINANCING (SOILS CONDITION) DISTRICT NO. 4 AND THE ADOPTION OF A TAX INCREMENT FINANCING PLAN THEREFOR The motion for the adoption of the foregoing resolution was duly seconded by Commissioner Nelson. Motion passed unanimously. 5. COMMISSION CONSIDERATION ITEMS 5a. RESOLUTION APPROVING THE ACQUISITION OF REAL PROPERTY LOCATED AT 6912, 6932, AND 6935 JUNE AVENUE NORTH AND ACCEPTING SALES CONTRACTS FOR SAID PROPERTIES Mr. McCauley advised this resolution would authorize and approve the purchase agreement for the remaining three properties at 6918, 6932, and 6935 June Avenue North. The purchase agreement for each properly is $105,000 with the EDA paying closing costs. The purchase price includes any and all relocation benefits to which the owners might be entitled. RESOLUTION NO. 99 -09 Commissioner Nelson introduced the following resolution and moved its adoption: RESOLUTION APPROVING THE ACQUISITION OF REAL PROPERTY LOCATED AT 6912, 6932, AND 6935 JUNE AVENUE NORTH AND ACCEPTING SALES CONTRACTS FOR SAID PROPERTIES The motion for the adoption of the foregoing resolution was duly seconded by Commissioner Peppe. Motion passed unanimously. 03/08/99 -2- 6. ADJOURNMENT A motion by Commissioner Peppe, seconded by Commissioner Nelson to adjourn the meeting at 8:25 p.m. Motion passed unanimously. President 03/08/99 -3- I