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HomeMy WebLinkAbout2003 09-22 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 22, 2003 WEST FIRE STATION 1. CALL TO ORDER The Brooklyn Center Economic Development Authority (EDA) met in Regular Session and was called to order at 8:37 p.m. by President Myrna Kragness. 2. ROLL CALL President Myrna Kragness, Commissioners Kathleen Carmody, Kay Lasman, Diane Niesen, and Bob Peppe. Also present: Assistant City Manager/Director of Operations Curt Boganey, Community Development Director Brad Hoffinan, Community Development Specialist Tom Bublitz, City Attorney Charlie LeFevere, and Deputy City Clerk Maria Rosenbaum. 3. APPROVAL OF AGENDA AND CONSENT AGENDA A motion by Commissioner Carmody, seconded by Commissioner Lasman to approve the agenda and consent agenda. Motion passed unanimously. 3a. APPROVAL OF MINUTES A motion by Commissioner Carmody, seconded by Commissioner Lasman to approve the September 8, 2003, regular session minutes. Commissioner Carmody abstained. Motion passed. 4. COMMISSION CONSIDERATION ITEMS 4a. PUBLIC HEARING REGARDING THE SALE OF CERTAIN EDA OWNED PROPERTY LOCATED AT 5900 EMERSON AVENUE NORTH AND 5912 CAMDEN AVENUE NORTH IN BROOKLYN CENTER, MINNESOTA, PURSUANT TO MINNESOTA STATUTES, SECTION 469.012, SUBDIVISION 7 AND SECTION 469.029 RESOLUTION AUTHORIZING ECONOMIC DEVELOPMENT AUTHORITY EXECUTIVE DIRECTOR TO EXECUTE PURCHASE AGREEMENTS FOR THE SALE OF THE EDA OWNED PROPERTIES LOCATED AT 5900 EMERSON AVENUE NORTH AND 5912 CAMDEN AVENUE NORTH 09/22/03 -1- Assistant City Manager/Director of Operations Curt Boganey discussed that staff had reviewed the proposals and all necessary documents for the properties at 5900 Emerson Avenue North and 5912 Camden Avenue North. It is recommended that the EDA approve the resolution regarding the sale of both properties. A motion by Commissioner Lasman, seconded by Commissioner Niesen to continue the Public Hearing. Motion passed unanimously. g p No one wished to address the EDA. A motion by Commissioner Lasman, seconded by Commissioner Carmody to close the Public Hearing. Motion passed unanimously. RESOLUTION NO. 2003 -09 Commissioner Lasman introduced the following resolution and moved its adoption: RESOLUTION AUTHORIZING ECONOMIC DEVELOPMENT AUTHORITY EXECUTIVE DIRECTOR TO EXECUTE PURCHASE AGREEMENTS FOR THE SALE OF THE EDA OWNED PROPERTIES LOCATED AT 5900 EMERSON AVENUE NORTH AND 5912 CAMDEN AVENUE NORTH The motion for the adoption of the foregoing resolution was duly seconded by Commissioner Niesen. Motion passed unanimously. 4b. PUBLIC HEARING REGARDING PROPOSED BUSINESS SUBSIDY FOR GLOBAL HENNEPIN COUNTY PROPERTIES PROJECT RESOLUTION APPROVING A BUSINESS SUBSIDY AND DEVELOPMENT AGREEMENT AND AUTHORIZING ITS EXECUTION (GLOBAL HENNEPIN COUNTY PROPERTIES PROJECT) Mr. Boganey discussed that this resolution would approve a business subsidy and development agreement for the Global Hennepin County Properties project at the northwest corner of Shingle Creek Parkway and Freeway Boulevard. Community Development Director Brad Hoffman discussed the project and informed that the public hearing would be held to consider a subsidy in Tax Increment Financing (TIF) up to $300,000 to help with the soil remediation. A resolution is proposed to approve a business subsidy and authorizing a g development agreement. p Councilmember Niesen inquired what the risks would be to the City and why it is proposed to pay up front instead of pay as you go. Mr. Hoffman discussed that the risk associated with the project would be the decision to proceed with paying up front. The money would not be provided until they fulfill all requirements. 09/22/03 -2- i A motion by Commissioner Lasman, seconded by Commissioner Carmody to open the Public Hearing. Motion passed unanimously. No one wished to address the EDA. A motion by Commissioner Lasman, seconded by Commissioner Carmody to close the Public Hearing. Motion passed unanimously. jo RESOLUTION NO. 2003A Commissioner Lasman introduced the following resolution and moved its adoption: RESOLUTION APPROVING A BUSINESS SUBSIDY AND DEVELOPMENT AGREEMENT AND AUTHORIZING ITS EXECUTION (GLOBAL HENNEPIN COUNTY PROPERTIES PROJECT) The motion for the adoption of the foregoing resolution was duly seconded by Commissioner Peppe. Motion passed unanimously. 5. ADJOURNMENT A motion by Commissioner Peppe, seconded by Commissioner Carmody to adjourn the meeting at 8:51 p.m. Motion passed unanimously. President 09/22/03 -3-