HomeMy WebLinkAbout1999 04-26 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
APRIL 26, 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 7:49 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 March 22, 1999. Motion passed unanimously.
4. COMMISSION CONSIDERATION ITEMS
4a. RESOLUTION AUTHORIZING THE ECONOMIC DEVELOPMENT
AUTHORITY IN AND FOR THE CITY OF BROOKLYN CENTER TO
APPLY FOR A CONTAMINATION CLEAN UP GRANT FROM THE
MINNESOTA DEPARTMENT OF TRADE AND ECONOMIC
DEVELOPMENT
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RESOLUTION AUTHORIZING THE SUBMISSION OF A GRANT
APPLICATION TO THE METROPOLITAN COUNCIL FOR THE TAX
BASE REVITALIZATION ACCOUNT
Executive Director Michael McCauley discussed these resolutions would authorize the submission
of both grant applications for the clean up of the old Joslyn poleyard site.
RESOLUTION NO. 99 -11
Commissioner Hilstrom introduced the following resolution and moved its adoption:
RESOLUTION AUTHORIZING THE ECONOMIC DEVELOPMENT AUTHORITY IN AND
FOR THE CITY OF BROOKLYN CENTER TO APPLY FOR A CONTAMINATION CLEAN UP
GRANT FROM THE MINNESOTA DEPARTMENT OF TRADE AND ECONOMIC
DEVELOPMENT
The motion for the adoption of the foregoing resolution was duly seconded by Commissioner
Lasman. Motion passed unanimously.
RESOLUTION NO. 99 -12
Commissioner Hilstrom introduced the following resolution and moved its adoption:
RESOLUTION AUTHORIZING THE SUBMISSION OF A GRANT APPLICATION TO THE
METROPOLITAN COUNCIL FOR THE TAX BASE REVITALIZATION ACCOUNT
The motion for the adoption of the foregoing resolution was duly seconded by Commissioner
Lasman. Motion passed unanimously.
4b. RESOLUTION APPROVING AND AUTHORIZING EXECUTION OF A
DEVELOPMENT AGREEMENT FOR THE JOSLYN POLEYARD TWIN
LAKE BUSINESS PARK (REAL ESTATE RECYCLING)
Mr. McCauley discussed this resolution approving and authorizing execution of a development
agreement for the Joslyn Poleyard Twin Lake Business Park (Real Estate Recycling). The agreement
would be consistent with the plan. One change has occurred regarding the length of potential
increment. If grant funding is received for phase 2 or 3, a maximum of 10 full years of increment
will apply to each phase. If grant funding is not received, each phase would be able to capture up
to 15 years of full increment. Each phase would also have potential for partial increment before full
years increment.
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Commissioners discussed who would be responsible if the project did not take place. It was noted
that the developer would receive a notice and that payables are solely from TIF.
RESOLUTION NO. 99 -13,
Commissioner Hilstrom introduced the following resolution and moved its adoption:
RESOLUTION APPROVING AND AUTHORIZING EXECUTION OF A DEVELOPMENT
AGREEMENT FOR THE JOSLYN POLEYARD TWIN LAKE BUSINESS PARK (REAL
ESTATE RECYCLING)
The motion for the adoption of the foregoing resolution was duly seconded by Commissioner Peppe.
Motion passed unanimously.
5. ADJOURNMENT
A motion by Commissioner Hilstrom, seconded by Commissioner Nelson to adjourn the meeting
at 7:55 p.m. Motion passed unanimously.
President
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