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Home My WebLink About2006 09-11 EDAP o- r EDA MEETING City af Brooklyn Center September 11, 2006 AGENDA L Call to Order —The EDA. requests that attendees turn off cell phones and pagers durin.g the rrteeting. A copy of the full City Council packet, including EDA (Economic Uewelopment Autht�rity}, is available to the, public. The packet ring binder is lacated at the front of the Councii Chambers by the Secretary. 2. Ro11 Ca11 3. Approvai of Agenda and Conaent Agenda -'The following items are considered to be routine by the Economic Develogn�ent Authority (EDA) and will be enacted by one motion. There will he no separa� discussion af these items unless a Commissioner sa requests, in which event the item wili be removed fram the consent agenda and cansidered at the end of Ct�mmissi�n Consideration Items. a. Approval of Minutes -Commissioners nat present a# meetings will be record�d as abstaining from the vate vn the minutes. 1. August 14, 2046 Regular Session 4. Commission Consideration Items a. Resolutian Authorizing the Acquisition of Rea1 Property far Red�velc�pment within Tax Increment District No. 3(Olive Garden) •Requested Commission Action: —1Vlotion to advpt resoluticm. s. Aajournment; MINUTES QF TI� PROCEEDINGS OF THE ECONOMIC DEVELOPMENT AUTHORITY QF THE CITY 4F BROOKL�N CENTER IN THE COUNTY OF HENNEPIN AND THE STATE OF MINNE50TA REGULAR SESSION' AUGUST 14, 2Q46 CITY HALL COUNCIL CHAM$ERS L CALL TO ORDER 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. 2. ROLL CALL President Myrna Kragness, Commissioners Ka.thleen Carmody, Kay Lasman, Diane Niesen, and Mary O'Connor. Also present: Bxecutive Director Curt Boganey, Community Development Specialist Tom Bublitz, City, Attorney Charlie LeFevere, and Deputy City C1erk Camille Worley. 3. APPROVAL DF AGENDA AND CONSENT AGENDA Commissioner Cannody moved and Commissioner L�sman seconded ta approve the agenda and consent agenda with amendments to the May 8, 2006, Regular Session minutes as discussed at the Study Session, and the following item was approved as amended: 1. May 8, 2006 Reguiaz Session Motion passed unanimously. 4. C4MMISSION CONSIDERATION ITEMS 4a. RESOLUTION NO. 2006-09 APPROVIlvG ENVIRONMENTAL 1tESPUNSE FUND GRANT AGREEMENT BETWEEN THE Bi�00KLYN CEA�TER ECONOIYITC DEVELOPMENT AUTHORITY (EDA) AND HENflTEPIN COUNTY DEPARTMENT OF ENVIRONMENTAL SERVICES Executive` Director Curt Boganey sta.ted the resolution would authorize the Economic Development Authorifiy to enter into an agreement with the Hennepin County Depart�ent of Environmenta.l Services that wouid faeilitate the Economic Development Authority's ability ta move forward with the necessary plans with respect to the 57 and Logan redevelapment site. He stated adoption of the resolution is recommended. Commissioner O'Connor inqui.red about the $2�,000 and $97,000 grants and asked what was done with the $97,000 grant, She also inquired about the insuranee as described in the memorandurn, Cornmunity Development Specialist Tom Bublitz explained that the $97,OOU grant is a previous 08/14/06 1 DRAFT grant received to do the pre�ious Phase II investigation. He stated the City currently has the proposed level of insurance, required by Hennepin County. He discussed Tetra Tech's involvement in the project and sta.ted they were the lowest bidder for one of th� twa Phase II inves#igations. Commissioner Carmody stated the Economic Development Authority needs to move forward with the project and stated she would like ta see the property;back on the tax ro11s. Commissioner Carmody moved and Commissioner Lasman seconded to adopt RES{�LUTIOI�T NU. 2006-09 Approving Environmentai Respanse Fund Crrant Agreement Between the Braokiyn Center Economic Development Autharity (EDA) and Hennepin County Depart�nent of Environmental Services. Motion passed unanimously. 4b. RESQLUTION NO. 20U6-10 APPROVING AGREEMENT BETVVEEN T'HE BROOKLYN CENTER ECONOMIC DEVELOPMENT AUTHQRITY Al�1D TETRA TECH EM, INC. REGARDING WORK' T4 BE PERTURMED PURSUANT TO HENNEPIN CUUNTY ENVIRONMENTAL RE5P4N5E'FUNll GRANT AGREEMENT Comrnissioner O'Connor inquired about the cost estimate far the revised worl� p1an. Mr. Bublitz addressed the estimate for the revised work plan and discussed funding that �wiIl be availabie. There was discussion regarding the amaunt of money paid to Tetra Tech. Commissioner Lasrnan moved and Commissioner Carmody seconded to adopt RESOLUTI4N NO. 20D6-10 Approving Agreement Between the Broaklyn Center Economic Developme�,t Authority "and Tetra Tech EM, Inc. Regarding Work to be Per�ormed Purs�ant to Hennepi�ti Caunty Environmenta.l Response Fund Grant Agreement. Motion passed unanimously. 5. ADJOURNMENT Commissioner Carmody moved and Cammissioner Lasman second�d adjournment of the meeting at 9:26 p.m. Motion passed unanimously. I President 08i14i06 2 DRAFT V i Comrnissioner introduced the following rescylution and rnoved its ad:option: EDA RESOLiJTIt)N NO. RESOL�JTION AUTHORIZING THE ACQUISITION OF REAL PROPERTY FOR REDEVELOPMENT WITHIN TAX INCREMENT DISTRICT NO. 3 WHEREAS, the Brooklyn Center Economic Development Authority ("EDA"), a t�dy corpora.te and politic organized and �isting under the laws of the State flf Minnesota, is authorized ta engage in develapment and redevelapment activities pursuant to Minn. Sta.t. �b9.09t� to 469.018 and related statutes; and WHEREAS, there has been duly adopted and is now in iegal effect a Modified Redevelopment"Plan for Housing Development and Redeveiapment Project No. `1; which was initially adopted by the Brooklyn Center Housing and Redevelopment A�tthority a�d the Broc>ykiyn Center City Cauncil on July 22, 1985, which initial' plan has 'been subsequently rn�ified and amended by various resolutions; and WHEREAS, the EDA has become cc�ncern�l about the present status af p�aperty located at 1601 James Circle N, which property includes the former 41ive Garden Restaurant {the "Site"}; and WHEREAS, it is the intent of the EDA to assure a continued use of the Site that will continue or increase its current value and prevent any deterioration or blighting influence the Site rnay have on surrourtding properties; and WHEREAS, the owner of the Site has executed a purchase agreernent for the Site in favor of the Brooklyn Center EDA in the amount of 51,028,739, the terms of which the EDA` has determined to be fair and reasonable; and N�W THEREFORE, BE IT RESOLVED, by the Economic Development Authority ua and for the Gity of Brooklyn Center that the acquisition of the Site is hereby authorized. BE IT FLTRTHER RESOLVED that the Executive Director of the EDA is authorized to execute a purchase agreement with'the owner of the Site in the arnount o€ $1,028,739 with such technical changes to the agreement as may be recommended by the City's Attorney. September 1 L 2006 Date President The motion for the adoption of the foregaing resQlutionwas duly seconded by commi.ssioner and upon vote being taken thereon, the followin� voted in favor thereof: and the following voted against the same: whereupon said resolurion was declared duly passed and adopted.