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Home My WebLink About2000 03-13 EDAP ** REVISED ** • EDA MEETING City of Brooklyn Center March 13, 2000 AGENDA 1. Call to Order 2. Roll Call 3. Approval of Agenda and Consent Agenda -The following items are considered to be routine by the Economic Development Authority 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 - Commissioners not present at meetings will be recorded as abstaining from the vote on the minutes. 1. January 24, 2000 - Regular Session • 4. Commission Consideration Items a. Resolution Approving Relocation Claim for Minnesota Outdoor Power Equipment, LLP Located at 6912 Brooklyn Boulevard, Brooklyn Center, Minnesota 'Requested Commission Action: - Motion to adopt resolution. 5. Adjournment • EDA Agenda Item No. 3a • • 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 JANUARY 24, 2000 CITY HALL 1. CALL TO ORDER The Brooklyn Center Economic Development Authority (EDA) met in regular session and was called to order by President Myrna Kragness at 8:50 p.m. 2. ROLL CALL President Myrna Kragness, Commission Members Debra Hilstrom, Kay Lasman, Ed Nelson, and Robert Peppe. Also present: Executive Director Michael J. McCauley, Assistant City Manager Jane Chambers, City Attorney Charlie LeFevere, and Recording Secretary Maria Rosenbaum. 3. APPROVAL OF AGENDA AND CONSENT AGENDA • A motion by Commissioner Hilstrom, seconded by Commissioner Lasman 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 regular session on January 10, 2000. Motion passed unanimously. 4. COMMISSION CONSIDERATION ITEMS 4a. RESOLUTION RECOMMENDING THE CREATION OF A TIF DISTRICT #4 FUND, DIVIDING THE E.DA. FUND INTO AN E.DA. #1 FUND AND AN E.D.A #2 FUND, AND AMENDING THE 2000 E.D.A. BUDGET Executive Director Michael McCauley discussed this resolution creates a special revenue fund to handle TIF revenues received from the TIF District #4 created to handle soils conditions at the Joslyn site. • 01/24/00 -1- DRAFT RESOLUTION NO. 00 -03 Commissioner Hilstrom introduced the following resolution and moved its adoption: g P RESOLUTION RECOMMENDING THE CREATION OF A TIF DISTRICT #4 FUND, DIVIDING THE E.DA. FUND INTO AN E.DA. #1 FUND AND AN E.D.A #2 FUND, AND AMENDING THE 2000 E.D.A. BUDGET The motion for the adoption of the foregoing resolution was duly seconded by Commissioner Peppe. Motion passed unanimously. 4b. 1. RESOLUTION ADOPTING BUSINESS SUBSIDY POLICY Mr. McCauley discussed the City Council held a public hearing on behalf of the EDA to discuss and approve a resolution adopting a business subsidy policy for the City Council and the EDA. The City Council made a motion after the resolution was adopted to recommend for approval to the EDA the same resolution for which the public hearing was held during the City Council meeting. There were no public comments at the public hearing. RESOLUTION NO. 00 -04 Commissioner Lasman introduced the following resolution and moved its adoption: • RESOLUTION ADOPTING BUSINESS SUBSIDY POLICY The motion for the adoption of the foregoing resolution was duly seconded by Commissioner Nelson. Motion passed unanimously. 2. RESOLUTION APPROVING REDEVELOPMENT AGREEMENT WITH TALISMAN LLC Mr. McCauley discussed the City Council held a public hearing on behalf of the EDA to discuss and approve a resolution approving redevelopment agreement with Talisman LLC for the City Council and the EDA. The City Council made a motion after the resolution was adopted to recommend for approval to the EDA the same resolution for which the public hearing was held during the City Council meeting. There were no public comments at the public hearing. RESOLUTION NO. 00 -05 Commissioner Lasman introduced the following resolution and moved its adoption: RESOLUTION APPROVING REDEVELOPMENT AGREEMENT WITH TALISMAN LLC 01/24/00 -2- DRAFT The motion for the adoption of the foregoing resolution was duly seconded by Commissioner • Nelson. Motion passed unanimously. 5. ADJOURNMENT A motion by Commissioner Lasman, seconded by Commissioner Nelson to adjourn the meeting at 8:54 p.m. Motion passed unanimously. President • 01/24/00 -3- DRAFT 0 EDA Agenda Item No. 4a 0 0 • MEMORANDUM REVISED TO: Michael J. McCauley, City Manager FROM: Tom Bublitz, Community Development Specialist/ I� DATE: March 9, 2000 SUBJECT: Resolution Approving Relocation Claim for Minnesota Outdoor Power Equipment, LLP Located at 6912 Brooklyn Boulevard, Brooklyn Center, Minnesota On August 12, 1999 the Economic Development Authority in and for the City of Brooklyn Center (EDA) purchased the commercial property at 6912, 6914, 6916 and 6918 Brooklyn Boulevard. The address at 6912 Brooklyn Boulevard is the last remaining business to occupy space in the building. The business, Minnesota Outdoor Powr Equipment, LLP, is entitled to relocation benefits. Wilson Development Services has been retained by the EDA as its relocation consultant on this project to provide relocation services. Wilson Development Services has prepared a relocation claim pursuant to the Uniform Relocation Assistance and Real Property Acquisition Policies Act of 1970, as amended (Uniform Relocation Act). Under the Uniform Relocation Act, businesses can elect to receive actual moving expenses or a fixed payment in lieu of actual moving costs. Minnesota Outdoor Power Equipment, LLP has elected to take the fixed payment as its total relocation benefit. Minnesota Outdoor Power Equipment, LLP has had difficulty in finding a suitable site to relocate their business and has elected not to continue in business. A business qualifying for a fixed business relocation payment can be paid an amount equal to its average net earnings for the two taxable years prior to its displacement. However, the payment amount is limited to $20,000 if the net earnings average is greater; the payment is a minimum of $1,000 if the net earning average is less. The claim prepared by Wilson Development Services for Minnesota Outdoor Power Equipment, LLP is $12,378. This would constitute full payment for relocation benefits to Minnesota Outdoor Power Equipment, LLP. A copy of the relocation claim is attached. Staff has prepared a resolution accepting and approving the claim for relocation benefits for Minnesota Outdoor Power Equipment, LLP. Staff recommends approval of the resolution. • Commissioner introduced the following resolution and • moved its adoption: EDA RESOLUTION NO. RESOLUTION APPROVING RELOCATION CLAIM FOR MINNESOTA OUTDOOR POWER EQUIPMENT, LLP LOCATED AT 6912 BROOKLYN BOULEVARD, BROOKLYN CENTER, MINNESOTA WHEREAS, on August 12, 1999, the Economic Development Authority in and for the City of Brooklyn Center (EDA), acquired the property addressed as 6912, 6914, 6916 and 6918 Brooklyn Boulevard; and WHEREAS, 6912 Brooklyn Boulevard is occupied by a retail tenant (Minnesota Outdoor Power Equipment, LLP); and WHEREAS, the business owner of Minnesota Outdoor Power Equipment, LLP located at 6912 Brooklyn Boulevard is entitled to relocation benefits in accordance with the Uniform Relocation Assistance and Real Property Acquisition Policies Act of 1970, as amended (Uniform Relocation Act); and WHEREAS, Wilson Development Services, the EDA's relocation advisor, has • prepared a claim for relocation benefits for Minnesota Outdoor Power Equipment, LLP in the amount of $12,378, pursuant to the Uniform Relocation Act. NOW, THEREFORE, BE IT RESOLVED by the Economic Development Authority in and for the City of Brooklyn Center, Minnesota as follows: 1. The relocation claim for Minnesota Outdoor Power Equipment, LLP in the amount of $12,378 is hereby approved. • 2. The EDA Executive Director is hereby authorized to approve the relocation claim for Minnesota Outdoor Power Equipment, LLP and pay the claim in accordance with the City purchasing policy. 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.