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HomeMy WebLinkAbout1999 05-24 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 MAY 24, 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 8:36 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 Hilstrom, seconded by Commissioner Nelson to approve the agenda and consent agenda. Motion passed unanimously. 3a. APPROVAL OF MINUTES A motion by Commissioner Hilstrom, seconded by Commissioner Nelson to approve the minutes from the regular session on April 26, 1999. Motion passed unanimously. 4. COMMISSION CONSIDERATION ITEMS 4a. RESOLUTION APPROVING THE ACQUISITION OF REAL PROPERTY LOCATED AT 6938 JUNE AVENUE NORTH AND ACCEPTING SALES CONTRACT FOR SAID PROPERTY Executive Director Michael McCauley discussed the EDA had received an offer from David Nelson agreeing to sell the home at 6938 June Avenue North in the amount of $110,000. This would give the EDA control of all of the homes on the east side of 69th and June Avenue North. The resolution before the Council would accept the offer of Mr. Nelson and would authorize the Executive Director to enter into a purchase agreement and acquire the property on behalf of the EDA, 05/24/99 -1- Council discussed further and whether or not there were more interested developers for the redevelopment of 69th and Brooklyn Boulevard. Mr. McCauley said the City is aware of possibly three or four developers interested and that the City needs to seek RFPs. RESOLUTION NO. 99 -14 Commissioner Peppe introduced the following resolution and moved its adoption: RESOLUTION APPROVING THE ACQUISITION OF REAL PROPERTY LOCATED AT 6938 JUNE AVENUE NORTH AND ACCEPTING SALES CONTRACT FOR SAID PROPERTY The motion for the adoption of the foregoing resolution was duly seconded by Commissioner Nelson. Motion passed unanimously. 4b. RESOLUTION APPROVING THE ACQUISITION OF REAL PROPERTY LOCATED AT 6938 BROOKLYN BOULEVARD AND ACCEPTING SALES CONTRACT FOR SAID PROPERTY Mr. McCauley discussed acquiring this property would be in connection with the redevelopment of the northeast corner of 69th Avenue and Brooklyn Boulevard. The EDA had an appraisal done on the property and the appraised value was $155,000. Costs to acquire the property involuntarily would exceed $5,000. The resolution before the Council would accept the offer received of $160,000 and would direct staff to prepare a purchase agreement and authorize the Executive Director to enter into a purchase agreement and acquire the property on behalf of the EDA. RESOLUTION NO. 99 -15 Commissioner Lasman introduced the following resolution and moved its adoption: RESOLUTION APPROVING THE ACQUISITION OF REAL PROPERTY LOCATED AT 6938 BROOKLYN BOULEVARD AND ACCEPTING SALES CONTRACT FOR SAID PROPERTY The motion for the adoption of the foregoing resolution was duly seconded by Commissioner Hilstrom. Motion passed unanimously. 5. ADJOURNMENT A motion by Commissioner Hilstrom, seconded by Commissioner Nelson to adjourn the meeting at 8:42 p.m. Motion passed unanimously. President 05/24/99 -2-