HomeMy WebLinkAbout2000 01-24 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
JANUARY 24, 2000
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 8:50 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 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 Lasman to approve the agenda
and consent agenda. Motion passed unanimously.
3a. APPROVAL OF MINUTES
A motion by Commissioner Hilstrom, seconded by Commissioner Lasman to approve the minutes
from the regular session on January 10, 2000. Motion passed unanimously.
4. COMMISSION CONSIDERATION ITEMS
4a. RESOLUTION RECOMMENDING THE CREATION OF A TIF DISTRICT
#4 FUND, DIVIDING THE E.DA. FUND INTO AN E.DA. #1 FUND AND AN
E.D.A #2 FUND, AND AMENDING THE 2000 E.D.A. BUDGET
Executive Director Michael McCauley discussed this resolution creates a special revenue fund to
handle TIF revenues received from the TIF District #4 created to handle soils conditions at the Joslyn
site.
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RESOLUTION NO. 00 -03
Commissioner Hilstrom introduced the following resolution and moved its adoption:
RESOLUTION RECOMMENDING THE CREATION OF A TIF DISTRICT #4 FUND, DIVIDING
THE E.DA. FUND INTO AN E.DA. #1 FUND AND AN E.D.A #2 FUND, AND AMENDING
THE 2000 E.D.A. BUDGET
The motion for the adoption of the foregoing resolution was duly seconded by Commissioner Peppe.
Motion passed unanimously.
4b. 1. RESOLUTION ADOPTING BUSINESS SUBSIDY POLICY
Mr. McCauley discussed the City Council held a public hearing on behalf of the EDA to discuss and
approve a resolution adopting a business subsidy policy for the City Council and the EDA. The City
Council made a motion after the resolution was adopted to recommend for approval to the EDA the
same resolution for which the public hearing was held during the City Council meeting. There were
no public comments at the public hearing.
RESOLUTION NO. 00 -04
Commissioner Lasman introduced the following resolution and moved its adoption:
RESOLUTION ADOPTING BUSINESS SUBSIDY POLICY
The motion for the adoption of the foregoing resolution was duly seconded by Commissioner
Nelson. Motion passed unanimously.
2. RESOLUTION APPROVING REDEVELOPMENT AGREEMENT
WITH TALISMAN LLC
Mr. McCauley discussed the City Council held a public hearing on behalf of the EDA to discuss and
approve a resolution approving redevelopment agreement with Talisman LLC for the City Council
and the EDA. The City Council made a motion after the resolution was adopted to recommend for
approval to the EDA the same resolution for which the public hearing was held during the City
Council meeting. There were no public comments at the public hearing.
RESOLUTION NO. 00 -05
i introduced t o
Comm
Commissioner Lasman he following resolution and moved its adoption:
p
RESOLUTION APPROVING REDEVELOPMENT AGREEMENT WITH TALISMAN LLC
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The motion for the adoption of the foregoing resolution was duly seconded by Commissioner
Nelson. Motion passed unanimously.
5. ADJOURNMENT
A motion by Commissioner Lasman, seconded by Commissioner Nelson to adjourn the meeting at
8:54 p.m. Motion passed unanimously.
Presiden�
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