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HomeMy WebLinkAbout2008 12-08 EDAP EDA MEETING City of Brooklyn Center December 8, 2008 AGENDA L Call to Order —The EDA requests that attendees turn off cell phones and pagers during the meeting. A copy of the full City Council packet, including EDA (Economic Development Authority), is available to the public. The packet ring binder is located at the front of the Council Chambers by the Secretary. 2. Roll Call 3. Approval of Agenda and Consent Agenda —The following items axe considered to be routine by the Economic Development Authority (EDA) and will be enacted by one motion. There will be no separate discussion of these items unless a Commissioner so requests, in which event the item will be removed from the consent agenda and considered at the end of Commission Consideration Items. a. Approval of Minutes l. November 10, 2008 Regular Session 4. Commission Consideration Items a. Resolution Approving the Final Budget for .the City of Brooklyn Center Economic Development Authority Re uested Commission Action: q —Motion to adopt resolution. b. Resolution Accepting Bid and Authorizing Award of Contract, Project No. I 218034, 2008, PartiaT Reroofing at Earle Brown Heritage Center Requested Commission Action: —Motion to adopt resolution. c. Resolution Transferring $235,000 into the Earle Brown Heritage Center Capital Fund I Requested Commission Action: —Motion to adopt resolution. 5. Adjournment J E�A Agenda Item l��►. f-� j i 1 MINUTES OF THE PROCEEDINGS OF THE ECONOMIC DEVELOPMENT AUTHORITY OF THE CITY OF BROOKLYN CENTER 1N THE COUNTY OF HENNEPIN AND THE STATE OF MINNESOTA REGULAR SESSION NOVEMBER 10, 2008 CITY HALL COUNCIL CHAMBERS 1. CALL TO ORDER The Brooklyn Center Economic Development Authority (EDA) met in Regular Session called to order by President Tim Willson at 8:40 p.m. 2. ROLL CALL 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, Community Development Specialist Tom Bublitz, City Attorney Charlie LeFevere, and Carol Hamer, TimeSaver Off Site Secretarial, Inc. 3. APPROVAL OF AGENDA AND CONSENT AGENDA Commissioner Lasman moved and Commissioner Yelich seconded approval of the Agenda and Consent Agenda, and the following item was approved: 3a. APPROVAL OF MINUTES 1. October 13, 2008 Regular Session Motion passed unanimously. 4. COMMISSION CONSIDERATION ITEMS 4a. RESQLUTION NO. 2008-11 APPROVING LEASE AGREEMENT WITH INNOVATIVE PRESENTATIONS INC. FOR THE FOREMAN'S HOUSE, CARRIAGE HOUSE AND GAZEBO AT THE EARLE BROWN HERITAGE CENTER, AND AUTHORIZING THE EDA EXECUTIVE DIRECTOR TO EXECUTE SAID AGREEMENT Executive Director Curt Boganey introduced the item, discussed the history, and sta.ted the purpose of the proposed resolution. Commissioner O'Connor expressed concern that the EDA will not make money on the proposed lease, as according to the agreement the EDA will pay $75,000 to f x up the property and the tenant will pay $25,687 each of the three years of the lease. Commissioner Lasman moved and Commissioner Ryan seconded adoption of EDA RESOLUTION NO. 2008-11 Approving Lease Agreement with Innovative Presentations Inc. for 11 10/08 -1- DR.AFT the Foreman's House, Carriage House and Gazebo at the Earle Brown Heritage Center, and Authorizing the EDA Executive Director to Execute Said Agreement. Mr. Boganey answered questions of the EDA regarding the proposed lease agreement. He stated the landlord will be responsible for utilities and exterior building maintenance, while the tenant will pay a Common Area Maintenance fee of $3.00 per square foot and property taxes of $2.00 per square foot in addition to the $17.00 per square foot base rent. It was noted that while there is not an immediate return with the agreement, there will be long- term benefits. It was als� tl�at if the City were not to do any improvements to the propert3� the space would not be leasable. Mr. Boganey stated if the objective is to get the highest productive use out of the property, staff believes that being able to lease the is the best alternative available to the EDA. However, this would require some investment in the property to make it suitable to this lessee or any lessee. One could argue that an agreement could be negotiated where the lessee would pay for some renovation costs, but staff does not believe the space has that type of demand to expect a lessee to come in and make that investment. Motion passed unanimously. 5: ADJOURloTMENT Commissioner Lasman moved and Commissioner Ryan seconded adjournment of the Economic Development Authority meeting at 8:51 p.m. Motion passed unanimously. 11/10/08 -2- DRAFT El)A Agenda Item No. 4a City of Brooklyn Center EDA Agenda Item Memorandum TO: Curt Boganey, Executive Director FROM: Daniel Jordet, Assis�ant f DATE: 1 December 2008 SUB7ECT: 2009 Economic Development Authority Budget Recommendation: It is recommended that the Commissioners of the Brooklyn Center Economic Development Authority adopt the attached resolution establishing the operating budget for the 2009 fiscal year. Back round. 9 The HRA adopted a preliminary resolution for property tax levy payable in 2009 while the EDA adopted a preliminary 2009 budget on 8 September 2008. That le v y was based on the increased extension rate instituted by the 2008 State Legislature. That new extension rate of 0.0185% of taxable market value, up from the prior 0.0144% of taxable market value, produced a preliminary levy of f r o eratians. 385 289. Those funds are transferred from the HRA to the EDA o p Additionally, the EDA will earn an estimated 41,000 in interest income during 2009. Total revenue is projected to be 426,289. Against those revenues, the EDA expenditure budget includes two full time staff, I various legal and professional services, dues to 6 organizations promoting economic development and one half of a support staff position. Total expenditures are projected to be $347,915. Financial Impact: The result of the budget is excess revenues over expenditures of 78,374. This I amount would be retained in the EDA Fund and used in future years for economic development purposes. Commissioner introduced the following resolution and moved its adoption: EDA RESOLUTION NO. RESOLUTION APPROVING THE F1NAL BUDGET FOR THE CITY OF BROOKLYN CENTER ECONOMIC DEVELOPMENT AUT�If3�tI'I FOR FISCAL YEAI� 2009 WHEREAS, the Economic Development Authority of City of Brooklyn Center has considered the final budget for Fiscal Year 2009. NOW, THEREFORE, BE IT RESOLVED by the Economic Development Autfiority of the City of Brooklyn Center, Minnesota that revenues and appropriations for the Economic Development Authority for the 2009 fiscal year are hereby adopted as follows�: Economic Development Authoritv Revenues Other Financing Sources 426289 Total Economic Development Authority 426_289 Appronriations EDA Operations 347.915 Total Economic Development Authority 347915 December 8, 2008 Date President The motion for adoption of the forgoing resolution was duly seconded by commissioner and upon vote being taken thereon, the following voted in favor thereof: and the following voted against same: whereupon said resolution was declared duly passed and adopted. E1�A A��nda I�em 1�1�0, 4b City of Brooklyn Center A Millennium Community COUNCIL I'TEM MEMORANDUM TO: Curt Boganey, City Manager FROM: Jim Glasoe, Director of Community Activities, Recreation and Services DATE: December 3, 2008 SUBJECT: Resolution Accepting Bid and Awaxding Contract for Project 218034 200$, Partial Reroofing at Earle Brown Heritage Center Recommendation: Staff recommends the Economic Development Authority consider approval of the attached resolution accepting the low bid and authorizing award of a contract for partial reroofing at the Earle Brown Heritage Center. A drawing showing the extent of the proposed work is attached. Background: One of the capital projects planned for 2008 at the Earle Brown Heritage Center was the repair of the grey metal roof on the rotunda/hippodrome/stable. At issue is the factory finish that is failing and causing significant rust and numerous leaks to develop. After extensive examination, it was determined by our insurance carrier that the roof replacement would be covered as a result of storm damage. Accordingly, we contracted with Inspec Inc. to develop the plans and specifications for the work. Construction contract bids were solicited and opened December 2, 2008 in the Council Chambers. The lowest bid was submitted by John A. Dalsin and Son Inc. Dalsin Son has an excellent reputation for doing quality work. An attached memorandum froin Inspec Inc. supports this recommendation. 6301 Shingle Creek Parkway Recreation and Community Center Phone TDD Number Brooklyn Center, MN 55430-2199 (763) 569-3400 City Hall TDD Number (763) 569-3300 FAX (763) 569-3434 FAX (763) 569-3494 www. cityofbrooklyncenter.org Budget Issues: Of the three bids received, the lowest bid of $111,784 was submitted by Jol�zn A. Dalsin Son Inc. of Minneapolis, Minnesota. The entire cost of this project, with the exception of a$2,500 deductible, will be paid through insurance proceeds. The $2,500 deductible will be paid from the EBHC Capital Fund. cc: Fiscal Support Services i s s BID T ULATIDN Pf •elinzinary B�d Tabulation Bids are Contingent Upon Further Review OWNER: City of Brooklyn Center PROJECT: 2008 Pa.rtial Reroofing at Earle Brown Heritage Center INSPEC BID DATE TIME: December 2, 2008, 2:00 p.m. PROJECT 210834 1 s h."ei'' u2��i� r. xv'!' xj:K�"' ti sz z; r rN „a. a .3... ����fF n '�r.+:+n ,��.'1�i'� .n_�� i E l',.fii f¢ij t.�.tt�z� ,t-..S�Y t�.�., Mkt ��T, S� b..:-:;.. �es... �x. ^Khm�' 1 a ...N i ie,�v��':s x :"`�,nx� c �xt �s� w-�.` �.y Y x �w� s�..e �'r�, y s�..��'t��P i, �i nd�`:�'�.�N'ei�.°�`,° a a fi.� A'i��.m>:4_.. �t ����^1, j, f 2i '�aFr�.,. rt� a'M�:.��z �r ��r., b fv�" '^'t r��� �Y �'t a C m� t S k� d 2 �4'F�,�V;. 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R Y. i F �.�4 a �s ��:�er a x,.'�' r `e .+�,I `�'a. .r3y�� i ���i.,;'.3 �.�...�"1. ..�:4���+' rx �»�#4� �-i.�FF.r+�M ��'4��� ,.r�r+ ,.T� n la,` I I I I I'� I l l�` 7�� I I I I I I.� I I! 7", 3�""1T r I I I I I� 1 1 I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I i I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I �I I( I I I t I i I I I I I I I I I I I I I I I INSPEC Decernber 3, 2048 Smart engineering of roofs, walls, pa��ements Mr. Jim Glasoe and waterproofing City of Brooklyn Center 630I Shingle Creek Parkway Brooklyn Center, MN SS434-2199 RE: 2008 Partial Roof Replacement at Earle Brawn Heritage Center Inspec Project No.: 210834 Dear Mr. Glasoe: Bids were opened December 2, 2008; for the above-referenced project. The responsible low bidder for the project was 3ohn A. Dalsin Son, Inc. with the bid amount of $11 l, 784. The apparent low bid amount is lower than the project budget. John A. Dalsin Son, Inc. was contacted with regard to the bid results. They indicated they were comfortahie with their bid and it was their intent to provide the work far this project in eonfocmance with the eonstruetion documents for the bid amount. Jaha A. I�aisin Son, Inc. has provided the work far many of our clients. Their work has been very good. Based on other projects that Inspec has been involved with, we would recommend award af contract ta dohn A. Qalsin Son, Inc. Very truly yours, I t f Jo Skrab 58p1 Dututh Street Minneapolis, A!N 55A22 Ph. 763•546-343d �Ap F'ax 763-546-&664 cc: Don Wagner, Jahn A. Dalsin Son, Inc. Chicago Mikvaukee Mlnneapoils ww�v.inspeacom i o, 0 7 c.� y i s .i�///��'_ :�r////// m �i Q I I �AREA D O� PL..!'1N I T �/l j -x o P m T iI AREAS A, 6, AND C j a� V 2008 PARTIAL REROOFING 58o1�t�,s��t u Minneapolis, MN EARLE BROWN HERITAGE CEIVTER 1'h.763-5d6-3434 INSPEC �zoo� GITY OF BRqC�KLYN GENTER PRO�. M�R �5 oR. SROOKLYfV CENTER, MINIVESOTA pRO�.NO. 2�0�34 CK. GL o DA7E: i t/� 2/os S NT. OF i I Commissioner introduced the following resolution and moved its adoption: EDA RESOLUTION NO. RESOLUTION ACCEPTING BID AND AWARDING CONTRACT FOR PROJECT 218034, 2008, PARTIAL REROOFING AT EARLE BROWN HERITAGE CENTER WHEREAS, partial reroofing at the Earle Brown Heritage Center was necessitated by failing roof systems; and WHEREAS, pursuant to an advertisement for bids, bids were received, opened and tabulated on December 2; 2008 in the Brooklyn Center City Council Chambers. Said bids for the contract are as follows: Bidder Bid Amount Commercial Roofing Inc. $128,300.00 John A. Dalsin Son Inc. $111,784.00 Ettel Franz Roofing Co. $117,835.00 WHEREAS, it appears that Dalsin Son Inc. is the lowest responsible bidder; and WHEREAS, the entire cost of the project, minus a$2,500.00 deductible will be paid through insurance proceeds. NOW, THEREFORE, BE IT RESOLVED by the Economic Development Authority in and for the City of Brooklyn Center that: 1. The Executive Director is hereby authorized to execute a contract with Dalsin Son Inc. for partial reroofing at the Earle Brown Heritage Center. 2. Project costs ($2,500) will be paid from the Earle Brown Heritage Center Capital Fund. December 8, 2008 Date President The motion for the adoption of the foregoing resolution was duly seconded by Commissioner and upon vote being taken thereon, the following voted in favor thereof: and the following voted against the same: whereupon said resolution was declared duly passed and adopted. :�DA .A�enda Itern 1'��. 4� tz City of Brooklyn Center EDA Agenda Item Memorandurn TO: Curt Boganey, F�cecutive Director FROM: _�ar�1e1 J�rdet,.Assistant Treasur DATE: 3 December 2008 SUB]ECT: Transfer of Cash to the Earle Brown Heritage Center Capital Fund Recommendation: It is recommended that the Commissioners of the Brooklyn Center Economic Development Authority adopt the attached resolution transferring 235,000 from the operations fund of the Earle Brown Heritage Center to the capital fund of the Center. Background: Each year the cash reserves of the Earle Brown Heritage Center are reviewed for adequate levels to fund the ongoing operations. Cash in excess of the amount needed to assure proper operation of the Center is recommended for transfer to the capital fund of the Center. The operating budget normally includes a transfer of 200,000. If the opportunity aris�s to transfer more than the budgeted amount the EDA is asked to authorize transfer of the higher amount. Such is the case for the year end of the 2007 fiscal year. The analysis for the Center at December 31, 2007 is as follows: At Deoember 31, 2007 12-month average everit deposits 318,235 318,235 12-month average cash disbursements 284,503 x 150% 575 A05 Minimum cash balance 893,240 Cash balance at 12/31/07 1,151,029 Amo�nt available for transfer 239,974 Financial Impact: If the EDA approves the transfer, the operations fund for the Center will retain 893,240 in cash balance for operations. The capital fund will rise to a cash balance of 475,632. Commissioner introduced the following resolution and moved rts adoption: EDA RESOLUTION NO. RESOLUTION TRANSFERR.ING 235,000 INTO THE EARLE BROWN HERITAGE GEl����.•�APITAI, FUND WHEREAS, the Earle Brown Heritage Center is an event and conference center owned and operated by the Economic Development Authority of the City of Brooklyn Center; and WHEREAS, a capital fund for the Center has been established to provide and ongoing funding mechanism for capital project, repair and maintenance items; and WHEREAS, a cash analysis of�lie opera.tions for fiscal year ending December 31, 2007 identifies a cash surplus that would permit the transfer of 235,000 from the Center's operating fund to the Center's capital fund without endangering cash flows for normal operations. NOW, THEREFORE, BE IT RESOLVED by the Economic Development Authority of the City of Brooklyn Center fhat the Authority hereby approves transfer of 235,000 from tke Earle Brown Heritage Center Fund far operations to the Earle Brown Heritage Center Capital Fund for use in providing for capital projects, repair and maintenance of the facility. December 8, 2008 Date President The motion for the adoption of the foregoing resolution was duly seconded by commissioner and upon vote being taken thereon, the following voted in favor thereof: and the following voted against the same: whereupon said resolution was declared duly passed and adopted.