HomeMy WebLinkAbout2006 03-13 EDAM Regular Session1
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1. CALL TO ORDER
2. ROLL CALL
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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
MARCH 13, 2006
CITY HALL COUNCIL CHAMBERS
The Brooklyn Center Economic Development Authority (EDA) met in Regular Session and was
called to order at 8:50 p.m. by President Myrna Kragness.
President Myrna Kragness, Commissioners Kathleen Carmody, Kay Lasman, and Diane Niesen.
Commissioner O'Connor was absent and excused. Also present: Acting Executive Director Curt
Boganey, City Attorney Charlie LeFevere, and Deputy City Clerk Camille Yungerberg.
3. APPROVAL OF AGENDA AND CONSENT AGENDA
Commissioner Lasman moved and Commissioner Carmody seconded to approve the agenda and
consent agenda and the following item was approved:
3a. APPROVAL OF MINUTES
1. February 27, 2006 Regular Session
Motion passed unanimously.
4. COMMISSION CONSIDERATION ITEMS
4a. RESOLUTION NO. 2006 -04 TRANSFERRING $300,000 INTO THE EARLE
BROWN HERITAGE CENTER CAPITAL FUND
Acting Executive Director Curt Boganey stated the EDA has followed this process for several
years. He explained that the City Manager has put together a policy to determine approximately
the amount of working capital needed in the EBHC Operating Fund. He stated at the end of the
year, the City will determine if there is an excess. He stated at the end of 2005, there was and
excess of $315,000. He stated the proposed resolution is to transfer $300,000 into the EBHC-
Capital Fund.
Commissioner Lasman moved and Commissioner Carmody seconded to adopt RESOLUTION
NO. 2006-04 Transferring $300,000 into the Earle Brown Heritage Center Capital Fund.
Motion passed unanimously.
5. ADJOURNMENT
Commissioner Carmody moved and Commissioner Lasman seconded adjournment of the EDA
meeting at 8:53 p.m.
Motion passed unanimously.
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President
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