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HomeMy WebLinkAbout2001 06-25 HRAMMINUTES OF THE PROCEEDINGS OF THE HOUSING AND REDEVELOPMENT AUTHORITY OF THE CITY OF BROOKLYN CENTER IN THE COUNTY OF HENNEPIN AND THE STATE OF MINNESOTA SPECIAL SESSION JUNE 25, 2001 CITY HALL - COUNCIL CHAMBERS 1. CALL TO ORDER The Brooklyn Center Housing and Redevelopment Authority (HRA) met in special session and was called to order by Chair Myrna Kragness at 9:00 p.m. 2. ROLL CALL Chair Myrna Kragness, Commissioners Kay Lasman, Ed Nelson, Bob Peppe, and Tim Ricker. Also present: Executive Director Michael J. McCauley, Assistant City Manager Jane Chambers, Public Works Director Diane Spector,'Planning and Zoning Specialist Ron Warren, City Attorney Charlie LeFevere, and Deputy City Clerk Maria Rosenbaum. 3. APPROVAL OF AGENDA AND CONSENT AGENDA A motion by Commissioner Lasman, seconded by Commissioner Nelson to approve the agenda and consent agenda. Motion passed unanimously. 3a. APPROVAL OF MINUTES A motion by Commissioner Hilstrom, seconded by Commissioner Lasman to approve the minutes from the special session on December 11, 2000. Motion passed unanimously. 4. COMMISSION CONSIDERATION ITEM 4a. RESOLUTION AUTHORIZING ACCEPTANCE _ OF PAYMENT IN SATISFACTION OF THE TERMINATION AGREEMENT DATED THE 287H DAY OF NOVEMBER 2000 BY AND BETWEEN THE HOUSING AND REDEVELOPMENT AUTHORITY (BRA) OF THE CITY OF BROOKLYN CENTER, THE CITY OF BROOKLYN CENTER, AND BROOKDALE ASSOCIATES LIMITED PARTNERSHIP (SUCCESSOR AND INTEREST TO BROOKDALE THREE LIMITED PARTNERSHIP) Y 06/25/01 -1- J) A IV Executive Director Michael McCauley discussed that this resolution would authorize the Executive Director to accept the payment of $176,000 in full and complete discharge of the obligations of Brookdale Associates Limited Partnership under the termination agreement of November 28, 2000, for any and all deficiencies owed under the agreements identified in the termination agreement of November 28, 2000. RESOLUTION NO.2001-01 Commissioner Nelson introduced the following resolution and moved its adoption: RESOLUTION AUTHORIZING ACCEPTANCE OF PAYMENT IN SATISFACTION OF THE TERMINATION AGREEMENT DATED THE 28m DAY OF NOVEMBER 2000 BY AND BETWEEN THE HOUSING AND REDEVELOPMENT AUTHORITY (BRA) OF THE CITY OF BROOKLYN CENTER, THE CITY OF BROOKLYN CENTER, AND BROOKDALE ASSOCIATES LIMITED PARTNERSHIP (SUCCESSOR AND INTEREST TO BROOKDALE THREE LIMITED PARTNERSHIP) The motion for the adoption of the foregoing resolution was duly seconded by Commissioner Lasman. Motion passed unanimously. 5. ADJOURNMENT A motion by Commissioner Lasman, seconded by Commissioner Ricker to adjourn the meeting at 9:02 p.m. Motion passed unanimously. Chair 06/25/01 -2-