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HomeMy WebLinkAbout2006 04-10 EDAM Regular Session1. CALL TO ORDER 1 The Brooklyn Center Economic Development Authority (EDA) met in Regular Session and was called to order at 7:57 p.m. by President Myrna Kragness. 2. ROLL CALL 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 APRIL 10, 2006 CITY HALL COUNCIL CHAMBERS President Myrna Kragness, Commissioners Kathleen Carmody, Kay Lasman, Diane Niesen, and Mary O'Connor. Also present: Executive Director Michael McCauley, Assistant City Manager /Director of Operations Curt Boganey, Planning and Zoning Specialist Ron Warren, 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: 1. March 27, 2006 Regular Session Motion passed unanimously. 4. COMMISSION CONSIDERATION ITEMS 4a. RESOLUTION NO. 2006 -05 AMENDING PURCHASE AGREEMENT BETWEEN EASTBROOK PROPERTIES, LLC, AND THE BROOKLYN CENTER ECONOMIC DEVELOPMENT AUTHORITY Executive Director Michael McCauley stated last year the Economic Development Authority authorized an agreement that would have the EDA purchasing from the Minnesota Department of Transportation excess MNDOT right -of -way and simultaneously transferring to Eastbrook Properties for their residential subdivision. He stated the proposed resolution would extend the time for completion and would require a deed restriction to insure only single family housing could be built on the land. David Evanson displayed an area map of the property and explained the phases of development. 04/10/06 1 He stated at the time of Preliminary Plat, they were under the impression that MNDOT would approve the project in three months. He stated the process took 16 months to approve, indicating several issues that needed resolution. He stated he was ill; however the primary delay was due to the complications with MNDOT. He stated Wednesday is the scheduled closing on the MNDOT parcel. Commissioner Lasman moved and Commissioner Carmody seconded to adopt RESOLUTION NO. 2006 -05 Amending Purchase Agreement Between Eastbrook Properties, LLC, and the Brooklyn Center Economic Development Authority. Motion passed unanimously. 5. ADJOURNMENT Commissioner Carmody moved and Commissioner Niesen seconded adjournment of the meeting at 8:08 p.m. Motion passed unanimously. '7217 1/9ix President 04/10/06 2 1