Loading...
HomeMy WebLinkAbout2006 05-08 EDAM Regular Session1. CALL TO ORDER 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 MAY 8, 2006 CITY HALL COUNCIL CHAMBERS The Brooklyn Center Economic Development Authority (EDA) met in Regular Session and was called to order at 8:42 p.m. by President Myrna Kragness. 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, Community Development Director Brad Hoffman, City Attorney Charlie LeFevere, and Deputy City Clerk Camille Worley. 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 as amended: 1. April 24, 2006 Regular Session Motion passed unanimously. 4. COMMISSION CONSIDERATION ITEMS 4a. RESOLUTION NO. 2006 -08 AUTHORIZING THE ACQUISITION OF REAL PROPERTY FOR REDEVELOPMENT WITHIN TAX INCREMENT DISTRICT NO. 3 (1501 JAMES CIRCLE NORTH) Executive Director Michael McCauley explained the purpose of the acquisition is to provide the City Council with an option when it comes to the use of the property. He explained that the Cracker Barrel is currently for sale and that the property may or may not be acquired by a user that would be tax exempt. He stated the question is if the EDA wants to acquire the property to have control over its use and taxability. Community Development Director Brad Hoffman stated inquiries regarding the property have been received, the latest being a month ago from a church, which would be a tax exempt use. The EDA and staff discussed the property and its particulars including easements and retention 05/08/06 1 ponds. Commissioner Carmody stated concern that if the City were to purchase the property, it would be responsible for the ongoing property maintenance, even after the property is resold. Mr. Hoffman responded that once the City sells the property, it would no longer be responsible for the maintenance of the property. Mr. McCauley explained that general maintenance would no longer be the responsibility of the City once the property is resold; however, the City always has a certain level of liability for all stormwater retention ponds, per federal guidelines. Commissioner O'Connor stated her opposition to purchasing the property. Commissioner Lasman moved and Commissioner Carmody seconded to adopt RESOLUTION NO. 2006 -02 Authorizing the Acquisition of Real Property for Redevelopment Within Tax Increment District No. 3 (1501 James Circle North). Commissioner Lasman stated acquisition of the property gives the City the best control of its future use. Commissioner Niesen stated her opposition to the City purchasing the property and taking over the tax payments. She stated she felt that the market should be allowed to work and noted that City Manager Michael McCauley stated the City had received only on inquiry on church zoning and that the EDA Director confirmed no further contact with this person had occurred. Mr. McCauley stated $67,000 is being paid as taxes on the property annually and would continue as long as the property is not placed in tax exempt status. President Kragness stated it is important to acquire the property to protect the taxes going to the school district. The EDA discussed the property taxes and previous situations. Commissioners O'Connor and Niesen voted against the same. Motion passed. 5. ADJOURNMENT Commissioner Carmody moved and Commissioner Niesen seconded adjournment of the meeting at 8:46 p.m. Motion passed unanimously. 05/08/06 2 1