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HomeMy WebLinkAbout2002 06-24 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 JUNE 24, 2002 CITY HALL COUNCIL CHAMBERS 1. CALL TO ORDER The Brooklyn enter Economic Development Authority EDA met in regular session and was Yn p Y g called to order at 7:37 p.m. by President Myrna Kragness. 2. ROLL CALL President Myrna Kragness, Commissioners Kay Lasman, Ed Nelson, Bob Peppe, and Tim Ricker. Also present: City Manager Michael McCauley, Assistant City Manager Jane Chambers, Planning and Zoning Specialist Ron Warren, 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 June 10, 2002, regular session minutes. Motion passed unanimously. 4. COMMISSION CONSIDERATION ITEMS 4a. RESOLUTION DETERMINING SUBSTANTIAL COMPLETION OF MINIMUM IMPROVEMENTS TO MALL FOR PURPOSES OF AMENDED AND RESTATED DEVELOPMENT AGREEMENT WITH TALISMAN BROOKDALE, LLC Executive Director Michael McCauley discussed that this resolution would authorize the Executive Director to make written confirmation on behalf of the EDA that Talisman Brookdale Associates, LLC is in compliance with Section II1.3 of the Amended and Restated Development Agreement by virtue of substantial completion of the minimum improvements, while clearly indicating that additional expenditures and improvements both inside and outside the mall remain yet to be completed. 06/24/02 -1- RESOLUTION NO. 2002 -10 Commissioner Nelson introduced the following resolution and moved its adoption: RESOLUTION DETERMINING SUBSTANTIAL COMPLETION OF MINIMUM IMPROVEMENTS TO MALL FOR PURPOSES OF AMENDED AND RESTATED DEVELOPMENT AGREEMENT WITH TALISMAN BROOKDALE, LLC The motion for the adoption of the foregoing resolution was duly seconded by Commissioner Ricker. Motion passed unanimously. 5. ADJOURNMENT A motion by Commissioner Peppe, seconded by Commissioner Nelson to adjourn the meeting at 7:41 p.m. Motion passed unanimously. President 06/24/02 -2-