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HomeMy WebLinkAbout2001 09-24 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 SEPTEMBER 24, 2001 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 8:24 p.m. 2. ROLL CALL President Myrna Kragness, Commissioners Kay Lasman, Ed Nelson, Bob Peppe, and Tim Ricker. Also present: Assistant City Manager Jane Chambers, Public Works Director Diane Spector, Planning and Zoning Specialist Ron Warren, Fiscal and Support Services Director Doug Sell, Community Development Director Brad Hoffinan, City Attorney Charlie LeFevere, and Deputy City Clerk Maria Rosenbaum. 3. APPROVAL OF AGENDA AND CONSENT AGENDA A motion by Commissioner Lasman, seconded by Commissioner Ricker to approve the agenda and consent agenda. Motion passed unanimously. 3a. APPROVAL OF MINUTES A motion by Commissioner Lasman, seconded by Commissioner Ricker to approve the September 10, 2001, regular session minutes. Motion passed unanimously. 4. COMMISSION CONSIDERATION ITEM 4a. RESOLUTION APPROVING ASSIGNMENT AND FIRST AMENDMENT TO DEVELOPMENT AGREEMENT BY AND BETWEEN ECONOMIC DEVELOPMENT AUTHORITY OF THE BROOKLYN CENTER AND EAGLE CREST NORTHWEST INC. 09/24/01 -1- Community Development Director Brad Hoffman addressed the Commission to discuss that the development agreement was amended to reduce the purchase price of the property by $5,000 as partial compensation for the unanticipated soil correction work. Mr. Hoffman informed the Commission that the developer would have liked to get the street done this year; however, staff had indicated that the process for a new street would not be able to be completed until next spring. Commissioner Lasman inquired if any of the homes have been pre-sold. Mr. Hoffman discussed that there will be a model or two built and that he had heard comments about the interest in these homes. RESOLUTION NO. 2001-18 Commissioner Lasman introduced the following resolution and moved its adoption: RESOLUTION APPROVING ASSIGNMENT AND FIRST AMENDMENT TO DEVELOPMENT AGREEMENT BY AND BETWEEN ECONOMIC DEVELOPMENT AUTHORITY OF THE BROOKLYN CENTER AND EAGLE CREST NORTHWEST INC. 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 Peppe to adjourn the meeting at 8:29 p.m. Motion passed unanimously. A resiVdt 09/24/01 -2-