HomeMy WebLinkAbout2001 12-10 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
DECEMBER 10, 2001
WEST FIRE STATION TRAINING ROOM
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 7:04 p.m.
2. ROLL CALL
President Myrna Kragness, Commissioners Kay Lasman, Ed Nelson, Bob Peppe, and Tim Ricker.
Also present: City Manager Michael J. McCauley, Assistant City Manager Jane Chambers, Public
Works Director Diane Spector, 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 Peppe to approve the agenda and
consent agenda. Motion passed unanimously.
3a. APPROVAL OF MINUTES
A motion by Commissioner Lasman, seconded by Commissioner Peppe to approve the November
26, 2001, regular session minutes. Motion passed unanimously.
4. COMMISSION CONSIDERATION ITEM
4a. EDA 2002 TAX LEVY AND BUDGET
1. RESOLUTION ESTABLISHING A FINAL TAX CAPACITY LEVY
FOR THE BENEFIT OF THE CITY OF BROOKLYN CENTER
ECONOMIC DEVELOPMENT AUTHORITY FOR FISCAL YEAR
2002
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2. RESOLUTION APPROVING THE FINAL BUDGET FOR THE CITY
OF BROOKLYN CENTER ECONOMIC DEVELOPMENT
AUTHORITY PURSUANT TO MINNESOTA STATUTES CHAPTER
469
Executive Director Michael McCauley discussed that these two resolutions would set the property
tax levy for 2002 on all taxable property in the City and adopts the 2002 EDA budget.
RESOLUTION NO. 2001-23
Commissioner Nelson introduced the following resolution and moved its adoption:
RESOLUTION ESTABLISHING A FINAL TAX CAPACITY LEVY FOR THE BENEFIT OF
THE CITY OF BROOKLYN CENTER ECONOMIC DEVELOPMENT AUTHORITY FOR
FISCAL YEAR 2002
The motion for the adoption of the foregoing resolution was duly seconded by Commissioner
Lasman. Motion passed unanimously.
RESOLUTION NO. 2001-24
Commissioner Nelson introduced the following resolution and moved its adoption:
RESOLUTION APPROVING THE FINAL BUDGET FOR THE CITY OF BROOKLYN CENTER
ECONOMIC DEVELOPMENT AUTHORITY PURSUANT TO MINNESOTA STATUTES
CHAPTER 469
The motion for the adoption of the foregoing resolution was duly seconded by Commissioner
Lasman. Motion passed unanimously.
4b. DISCUSSION OF 69 AND BROOKLYN BOULEVARD REDEVELOPMENT
Mr. McCauley discussed that the EDA entered into a development agreement with Ronsam on June
11, 2001, that required that they close on the property no later than September 1, 2001. The EDA
amended the agreement to extend the closing date to November 1, 2001. The developer has not been
able to secure acceptable financing for the development and failed to close on November 1, 2001.
The other developer, Westbrook Development, that was considered at the February 26, 2001,
meeting is still interested in the site and would be prepared to go forward with developing the site
this spring.
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The Commission discussed what type of recourse, if any, with the letter of intent for the current
developer, and what the approach would be for Westbrook Development. Mr. McCauley informed
the Commission that there will be money to be retained from Ronsam and that staff has contacted
Westbrook Development regarding the development.
Commissioner Lasman discussed that she believes that both proposals reviewed on February 26,
2001, were favorable and that she would be comfortable moving forward with Westbrook
Development.
Commissioner Peppe requested that the Commission get a copy of the proposals that were presented
to the Commission to review Westbrook Development's proposal.
It was the consensus of the Council to review Westbrook Development's proposal and to direct staff
to move forward with the redevelopment of the 69" and Brooklyn Boulevard redevelopment with
Westbrook Development.
5. ADJOURNMENT
A motion by Commissioner Lasman, seconded by Commissioner Peppe to adjourn the meeting at
7:08 p.m. Motion passed unanimously.
(J President
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