Loading...
HomeMy WebLinkAbout2000 07-24 EDAM Regular Session I 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 JULY 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, Commissioners Debra Hilstrom, Kay Lasman, Ed Nelson, and Robert Peppe. Also present: Executive Director Michael J. McCauley, Assistant City Manager Jane Chambers, Planning and Zoning Specialist Ron Warren, Public Works Director Diane Spector, City Attorney Charlie LeFevere, and City Clerk Sharon Knutson. 3. APPROVAL OF AGENDA AND CONSENT AGENDA A motion by Commissioner Hilstrom, seconded by Commissioner Peppe to approve the agenda and consent agenda passed unanimously. 3a. APPROVAL OF MINUTES A motion by Commissioner Hilstrom, seconded by Commissioner Peppe to approve the July 10, 2000, Regular Session Economic Development Authority minutes as printed passed unanimously. 3b. RESOLUTION APPROVING AND AUTHORIZING EXECUTION OF A DEVELOPMENT AGREEMENT WITH REAL ESTATE RECYCLING FOR ADDITIONAL REDEVELOPMENT A motion by Commissioner Hilstrom, seconded by Commissioner Peppe to table a resolution approving and authorizing execution of a development agreement with real estate recycling for additional redevelopment to the August 14, 2000, EDA meeting passed unanimously. 4. COMMISSION CONSIDERATION ITEMS 07/24/00 -1- 4a. RESOLUTION APPROVING FIRST AMENDMENT TO AND ASSIGNMENT OF DEVELOPMENT AGREEMENT BY AND BETWEEN THE BROOKLYN CENTER ECONOMIC DEVELOPMENT AUTHORITY AND PDHC LTD. TO DRF DENTAL BUILDINGS LLC AND AUTHORIZING EXECUTION OF CLOSING DOCUMENTS REGARDING SALE OF 6421 BROOKLYN BOULEVARD Executive Director Michael McCauley explained that this resolution relates to the redevelopment of the Park Dental Clinic at 6421 Brooklyn Boulevard. He said the initial development agreement executed by the EDA and PDHC contemplates that it can be assigned. PDHC desires to assign the development agreement to Frauenshuh Companies through DRF, a limited liability corporation. He stated that the terms of the original development agreement would continue and be the same for DRF. RESOLUTION NO. 2000 -11 Commissioner Nelson introduced the following resolution and moved its adoption: RESOLUTION APPROVING FIRST AMENDMENT TO AND ASSIGNMENT OF DEVELOPMENT AGREEMENT BY AND BETWEEN THE BROOKLYN CENTER ECONOMIC DEVELOPMENT AUTHORITY AND PDHC LTD. TO DRF DENTAL BUILDINGS LLC AND AUTHORIZING EXECUTION OF CLOSING DOCUMENTS REGARDING SALE OF 6421 BROOKLYN BOULEVARD The motion for the adoption of the foregoing resolution was duly seconded by Commissioner Hilstrom. Motion passed unanimously. 4b. RESOLUTION AUTHORIZING ACQUISITION OF CERTAIN REAL PROPERTY BY PURCHASE OR EMINENT DOMAIN PROCEEDINGS Mr. McCauley explained that the EDA received an offer from Viking Blinds to purchase its property located at 4315 70th Avenue North. He said this is one of the properties to be acquired as part of the redevelopment of the northeast corner of 69th Avenue and Brooklyn Boulevard. He stated the payment is a lump sum $380,000, and the property owner has waived the relocation benefits. He indicated this cost is within the estimated range to acquire the property. Councilmember Hilstrom requested that Staff report back on the status of the American Legion property. RESOLUTION NO. 2000 -12 Commissioner Lasman introduced the following resolution and moved its adoption: 07/24/00 -2- RESOLUTION AUTHORIZING ACQUISITION OF CERTAIN REAL PROPERTY BY I� PURCHASE OR EMINENT DOMAIN PROCEEDINGS The motion for the adoption of the foregoing resolution was duly seconded by Commissioner Peppe. Motion passed unanimously. 5. ADJOURNMENT A motion by Commissioner Lasman, seconded by Commissioner Peppe to adjourn the meeting at 8:58 p.m. passed unanimously. Presid* 07/24/00 -3- I