HomeMy WebLinkAbout2008 02-25 EDAM Regular Session1
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1. 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
FEBRUARY 25, 2008
CITY HALL COUNCIL CHAMBERS
The Brooklyn Center Economic Development Authority (EDA) met in Regular Session called to
order by President Tim Willson at 8:18 p.m.
President Tim Willson and Commissioners Kay Lasman, Mary O'Connor, Dan Ryan, and Mark
Yelich. Also present were Executive Director /City Manager Curt Boganey, Engineering
Technician IV Bruce Johnson, Community Development Director Gary Eitel, Planning and
Zoning Specialist Ron Warren, City Attorney Charlie LeFevere, and Carol Hamer, TimeSaver
Secretarial, Inc.
3. APPROVAL OF AGENDA AND CONSENT AGENDA
Commissioner Lasman moved and Commissioner Ryan seconded approval of the Agenda and
Consent Agenda, and the following item was approved:
3a. APPROVAL OF MINUTES
1. January 14, 2008 Regular Session
Motion passed unanimously.
4. COMMISSION CONSIDERATION ITEMS
4a. RESOLUTION NO. 2008 -02 AUTHORIZING EXECUTION OF A
DEVELOPMENT AGREEMENT AND REAL ESTATE OPTION AGREEMENT
(NORTHERN 8+ ACRES OF THE I -694 HWY 100 REDEVELOPMENT SITE)
Mr. Boganey introduced the item, discussed the history, and stated the purpose of the proposed
resolution. He provided an overview of the Option and Development Agreement with U.S.
General Services Administration (GSA).
It was noted that environmental issues related to a fuel tank leak on the property are not expected
to significantly alter the timeframe associated with the redevelopment
Mr. Forrest Hudson, representing GSA, addressed the EDA and answered questions of the
Commissioners.
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There was discussion of the following issues in relation to the development agreement and real
estate option agreement:
Perimeter security fence planned on the site
EDA economic participation in the project
Redevelopment efforts in the City
Value of the site
Anticipated tax capacity with the proposed project
Possible effects of the project in moving up the decertification date of the tax increment
financing district
Commissioner Lasman moved and Commissioner Ryan seconded adoption of EDA
RESOLUTION NO. 2008 -02 Authorizing Execution of a Development Agreement and Real
Estate Option agreement (Northern 8+ acres of the 1 -694 Hwy 100 Redevelopment Site).
Commissioner Yelich stated although this is an intriguing project and is in line with the direction
outlined by the City Council, he will be voting against the resolution due to the business subsidy
going to the federal government.
Commissioners O'Connor and Yelich voted against the same. Motion passed.
President Willson stated this project is an excellent first step in spurring redevelopment in the
City. He welcomed the GSA and FBI to the City of Brooklyn Center.
5. ADJOURNMENT
Motion passed unanimously.
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Commissioner Lasman moved and Commissioner Ryan seconded adjournment of the Economic
Development Authority meeting at 8:52 p.m.
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STATE OF MINNESOTA)
COUNTY OF HENNEPIN)
CITY OF BROOKLYN CENTER)
ss. Certification of Minutes
The undersigned, being the duly qualified and appointed Secretary of the Economic
Development Authority (EDA) of the City of Brooklyn Center, Minnesota, certifies:
1. That attached hereto is a full, true, and complete transcript of the minutes of a Regular
Session of the Economic Development Authority (EDA) of the City of Brooklyn Center
held on February 25, 2008.
2. That said meeting was held pursuant to due call and notice thereof and was duly held at
Brooklyn Center City Hall.
3. That the Economic Development Authority (EDA) adopted said minutes at its March 10,
2008, Regular Session.
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President