HomeMy WebLinkAbout2008 03-24 EDAM Regular Session1. CALL TO ORDER
The Brooklyn Center Economic Development Authority (EDA) met in Regular Session called to
order by President Tim Willson at 9:28 p.m.
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
MARCH 24, 2008
CITY HALL COUNCIL CHAMBERS
President Tim Willson and Commissioners Kay Lasman, Mary O'Connor, Dan Ryan, and Mark
Yelich. Also present were Executive Director Curt Boganey, Community Development Director
Gary Eitel, Chief of Police Scott Bechtold, 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. March 10, 2008 Regular Session
Commissioner O'Connor abstained due to her absence. Motion passed.
4. COMMISSION CONSIDERATION ITEMS
4a. RESOLUTION NO. 2008 -05 APPROVING THE MODIFICATION OF THE TAX
INCREMENT FINANCING PLAN FOR TAX INCREMENT FINANCING
DISTRICT NO. 3
Mr. Eitel introduced the item, provided background, and stated the purpose of the proposed
resolution.
There was discussion on adding the acquisition of single family housing, rehabilitation of single
family housing, and environmental remediation of single and multi family housing properties to
Tax Increment Financing (TIF) Plan No. 3. It was noted that specific programs coming forward
would make a distinction between single family rental property and owner occupied property.
There was discussion on the possibility of utilizing TIF funds to preserve properties that become
vacant due to foreclosure through a program that encourages single family ownership. This could
be done through an entity such as Greater Metropolitan Housing Corporation (GMHC).
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Commissioner Lasman moved and Commissioner Ryan seconded adoption of EDA
RESOLUTION NO. 2008 -05 Approving the Modification of the Tax Increment Financing Plan
for Tax Increment Financing District No. 3. Commissioner O'Connor voted against the same.
Motion passed.
5. ADJOURNMENT
Commissioner Lasman moved and Commissioner Ryan seconded adjournment of the Economic
Development Authority meeting at 9:41 p.m.
Motion passed unanimously.
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1
STATE OF MINNESOTA)
COUNTY OF HENNEPIN)
CITY OF BROOKLYN CENTER)
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 March 24, 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 May 27,
2008, Regular Session.
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ss. Certification of Minutes
President