HomeMy WebLinkAbout2004 11-08 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
NOVEMBER 8, 2004
CITY HALL COUNCIL CHAMBERS
INVOCATION
A moment of silence was offered for the Invocation.
1. CALL TO ORDER
The Brooklyn Center Economic Development Authority (EDA) met in Regular Session and was
called to order at 7:01 p.m. by President Myrna Kragness.
2. ROLL CALL
President Myrna Kragness, Commissioners Kathleen Carmody, Kay Lasman, Diane Niesen, and Bob
Peppe. Also present: Executive Director Michael McCauley, Assistant City Manager /Director of
Operations Curt Boganey, Public Works Director /City Engineer Todd Blomstrom, Community
Development Director Brad Hoffman, Police Chief Scott Bechthold, 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 Carmody to approve the agenda
and consent agenda. Motion passed unanimously.
3a. APPROVAL OF MINUTES
A motion by Commissioner Lasman, seconded by Commissioner Carmody to approve the October
25, 2004, regular session minutes. Motion passed unanimously.
4. COMMISSION CONSIDERATION ITEMS
4a. RESOLUTION AUTHORIZING THE ACQUISITION OF REAL PROPERTY
FOR REDEVELOPMENT PURPOSES (HMONG SHOPPING CENTER)
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Executive Director Michael McCauley discussed that the resolution authorizing the acquisition of
property for the purposes of the Hmong Shopping Center is consistent with the City Council's goals
regarding development and that the resolution authorizes the acquisition of the remaining five
parcels referred to as the Hmong Shopping Center, along with authorizing the use of eminent domain
including "quick take" to secure control of the properties.
Gordy Jensen, Attorney for the Owner, addressed the Commission to discuss that the owner is very
interested in this concept and believes this would be the next step forward with the project.
RESOLUTION NO. 2004-12
Commissioner Lasman introduced the following resolution and moved its adoption:
RESOLUTION AUTHORIZING THE ACQUISITION OF REAL PROPERTY FOR
REDEVELOPMENT PURPOSES (HMONG SHOPPING CENTER)
The motion for the adoption of the foregoing resolution was duly seconded by Commissioner Niesen.
Motion passed unanimously.
4b. ADMINISTRATIVE AMENDMENTS TO TAX INCREMENT FINANCING
DISTRICT NOS. 2 AND 3 BUDGETS
1. RESOLUTION APPROVING THE MODIFICATION OF THE
TAX INCREMENT FINANCING PLAN FOR TAX
INCREMENT FINANCING DISTRICT NO.2
2. RESOLUTION APPROVING THE MODIFICATION OF THE
TAX INCREMENT FINANCING PLAN FOR TAX
INCREMENT FINANCING DISTRICT NO.3
Mr. McCauley discussed that the administrative amendments to Tax Increment Financing (TIF)
District Nos. 2 and 3 are necessary to modify budgets and that these amendments do not change the
total budget amounts.
Commissioner Niesen asked about the reduction in streetscaping. Mr. McCauley discussed that the
original budget had large sums of streetscaping. The State Law has changed since the districts had
been created and there are limitations on expanding tax increment on street improvements above
normal street costs. The original budgets allocations were above what could be done currently.
Also, the funds are needed to support the acquisitions identified in the Council's goals.
Commissioner Niesen expressed concern for the need for more landscaping throughout the City. Mr.
McCauley informed that the green components of a project would be a requirement of a developer
and be a part of a projects' overall requirement.
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RESOLUTION NO. 2004 -13
Commissioner Carmody introduced the following resolution and moved its adoption:
RESOLUTION APPROVING THE MODIFICATION OF THE TAX INCREMENT FINANCING
PLAN FOR TAX INCREMENT FINANCING DISTRICT NO. 2
The motion for the adoption of the foregoing resolution was duly seconded by Commissioner
Lasman. Motion passed unanimously.
RESOLUTION NO. 2004 -14
Commissioner Carmody introduced the following resolution and moved its adoption:
RESOLUTION APPROVING THE MODIFICATION OF THE TAX INCREMENT FINANCING
PLAN FOR TAX INCREMENT FINANCING DISTRICT NO. 3
The motion for the adoption of the foregoing resolution was duly seconded by Commissioner
Lasman. Motion passed unanimously.
4c. RESOLUTION AUTHORIZING EXECUTION OF TAX INCREMENT
PLEDGE AGREEMENT
Mr. McCauley discussed that this resolution would authorize the execution of a tax increment pledge
agreement in connection with the bonds that the City Council will have before them this evening.
RESOLUTION NO. 2004 -15
Commissioner Carmody introduced the following resolution and moved its adoption:
RESOLUTION AUTHORIZING EXECUTION OF TAX INCREMENT PLEDGE AGREEMENT
The motion for the adoption of the foregoing resolution was duly seconded by Commissioner Peppe.
Motion passed unanimously.
5. ADJOURNMENT
A motion by Commissioner Carmody, seconded by Commissioner Lasman to adjourn the meeting at
7:10 p.m. Motion passed unanimously.
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Pr esiden
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