The URL can be used to link to this page

Home My WebLink About1999 03-08 EDAP Regular Session EDA MEETING City of Brooklyn Center • March 8, 1999 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. Regular Session - February 22, 1999 4. Public Hearings a. Continuation of Public Hearing on Creation of Tax increment Financing District for • Joslyn Site - Resolution Approving the Establishment of Tax Increment Financing (Soils Condition) District No. 4 and the Adoption of a Tax Increment Financing Plan Therefor -Requested Commission Action: - Reopen the public hearing. -Take public input. -Close the public hearing. - Motion to adopt resolution. 5. Commission Consideration Items a. Resolution Approving the Acquisition of Real Property Located at 6912, 6932, and 6935 June Avenue North and Accepting Sales Contracts for Said Properties - Requested Commission Action: - Motion to adopt resolution. 6. 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 FEBRUARY 22, 1999 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 8:40 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, City Attorney Charlie LeFevere, and Recording Secretary Maria Rosenbaum. 3. APPROVAL OF AGENDA AND CONSENT AGENDA • A motion by Commissioner Lasman, seconded by Commissioner Peppe to approve the agenda and consent agenda. Motion passed unanimously. 3a. APPROVAL OF MINUTES A motion by Commissioner Lasman, seconded by Commissioner Peppe to approve the minutes from the regular session on February 8, 1999. Motion passed unanimously. 4. PUBLIC HEARINGS 4a. CONTINUATION OF PUBLIC HEARING ON CREATION OF TAX INCREMENT FINANCING DISTRICT FOR JOSLYN SITE Mr. McCauley requested to continue the public hearing on creation of tax increment financing district for Joslyn site to the March 8, 1999, City Council meeting. A motion by Commissioner Hilstrom, seconded by Commissioner Lasman to continue public hearing to the March 8, 1999, City Council meeting. Motion passed unanimously. 2/22/99 -1- DRAFT 5. ADJOURNMENT • A motion by Commissioner Hilstrom, seconded by Commissioner Peppe to adjourn the meeting at 8:41 p.m. Motion passed unanimously. President 2/22/99 -2- DRAFT EDA Agenda Item No. 4a I • MEMORANDUM TO: Michael J. McCauley, City Manager � n FROM: Tom Bublitz, Community Development Specialist DATE: March 3, 1999 SUBJECT: Resolution Approving the Establishment of Tax Increment Financing (Soils Condition) District No. 4 and the Adoption of a Tax Increment Plan Therefor In addition to the City Council approval of the Tax Increment Financing District and adoption of the Tax Increment Plan, the Economic Development Authority must also approve the district and adopt the plan. The resolution included with this memorandum would provide for EDA approval of the Tax Increment Financing (Soils Condition) District No. 4 and the Adoption of a Tax Increment Plan Therefor. The background information on this item is contained in the Council memorandum regarding approval of the TIF district. • • • Commissioner introduced the following resolution and moved its adoption: EDA RESOLUTION NO. RESOLUTION APPROVING THE ESTABLISHMENT OF TAX INCREMENT FINANCING (SOILS CONDITION) DISTRICT NO. 4, AND THE ADOPTION OF A TAX INCREMENT PLAN THEREFOR BE IT RESOLVED by the Economic Development Authority in and for the City of Brooklyn Center (the "Authority ") as follows: Section 1. Recitals. 1.01. It has been proposed that the Authority, create Tax Increment Financing (Soils Condition) District No. 4, and adopt a Tax Increment Financing Plan therefor, all pursuant to and in accordance with Minnesota Statutes, Sections 469.090 to 469.123, both inclusive, as amended, and Minnesota Statutes, Sections 469.174 to 469.179, both inclusive, as amended. 1.02. The Authority has investigated the facts and has caused to be prepared a Tax Increment Financing Plan for Tax Increment Financing (Soils Condition) District No. 4. 1.03. The Authority has performed all actions required by law to be performed prior to the creation of Tax Increment Financing (Soils Condition) District No. 4 and adoption of a Tax Increment Financing Plan therefor, including, but not limited to, notification of Hennepin County and Independent School District Number 281, which have taxing jurisdiction over the property to be included in Tax Increment Financing (Soils Condition) District No. 4. Section 2. Findings for the Establishment of Tax Increment Financing (Soils Condition) District No. 4 and Adoption of a. Tax Increment Financing Plan therefor. The Economic Development Authority in and for the City of Brooklyn Center hereby find that the creation of Tax Increment Financing (Soils Condition) District No. 4 and adoption of a Tax Increment Plan therefor are intended and, in the judgment of the Board of Commissioners, its effect will be, to provide an impetus for the removal and remediation of hazardous substances to allow development to proceed on certain polluted land, will increase employment and the tax base, and otherwise promote certain public purposes and accomplish certain objectives as specified in the Tax Increment Financing Plan. Section 3. Establishment of Tax Increment Financing (Soils Condition) District No. 4 and ADnroval of the Tax Increment Financing Plan Therefor. 3.01. The establishment of Tax Increment Financing (Soils Condition) District No. 4 and the Tax Increment Financing Plan therefor, are hereby approved and the Tax Increment Financing Plan • shall be placed on file in the office of the City Clerk. • RESOLUTION NO. 3.02. The staff of the City and Authority and the City's and Authority's advisors and legal counsel are authorized and directed to proceed with the implementation of Tax Increment Financing (Soils Condition) District No. 4 and the Tax Increment Financing Plan therefor and for this purpose to negotiate, draft, prepare and present to this Board for its consideration all further plans, resolutions, documents and contracts necessary for this purpose. - 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. • • • STATE OF MINNESOTA ) ss. COUNTY OF HENNEPIN ) I, the undersigned, being the duly qualified and acting Secretary of the Economic Development Authority in and for the City of Brooklyn Center, Minnesota, DO HEREBY CERTIFY that I have carefully compared the attached and foregoing extract of minutes of a meeting of the Economic Development Authority in and for the City of Brooklyn Center held on the date therein indicated with the original minutes thereof on file in my office and that the same is a full, true, and correct transcript thereof insofar as said minutes relate to a meeting held on February 8, 1999, approving, among other things, the creation of Tax Increment Financing (Soils Condition) District No. 4 and the adoption of a Tax Increment Financing Plan therefor. • WITNESS my hand this day of ' 1999. Secretary is i EDA Agenda Item No. 5a • MEMORANDUM TO: Michael J. McCauley, City Manager FROM: Brad Hoffman, Community Development Director DATE: March 3, 1999 SUBJECT: Purchase of Residential Properties on 69th and June Avenue North At the January 25, 1999 EDA meeting, staff was directed to acquire on a volunteer basis the remaining owner occupied single family homes on 69th and June Avenue North. There were five (5) properties to be acquired which included 6912, 6918, 6932, 6935, and 6944 June Avenue North. To date, the EDA has acquired the properties at 6912 and 6944 June Avenue North. The resolution before the EDA authorizes and approves the purchase agreement for the remaining three (3) properties at 6918, 6932 and 6935 June Avenue North. The purchase agreement for each property is $105,000 with the EDA paying closing costs. The • purchase price includes any and all relocation benefits to which the owners might be entitled. Closings on the three remaining properties start on March 17, 1999 and should be concluded no later than May 15 of this year or earlier at the convenience of the homeowners. The EDA will attempt to coordinate the closing of these properties with the closing of the respective owner's new properties. • • Commissioner introduced the following resolution and moved its adoption: EDA RESOLUTION NO. RESOLUTION APPROVING THE ACQUISITION OF REAL PROPERTY LOCATED AT 6912, 6932 AND 6935 JUNE AVENUE NORTH AND ACCEPTING SALES CONTRACTS FOR SAID PROPERTIES WHEREAS, the Economic Development Authority in and for the City of Brooklyn Center (EDA) is authorized, pursuant to Minnesota Statutes, Section 469.012, Subdivision 1 clause (7), within its area of operation, and without the adoption of an urban renewal plan, to acquire real property and to demolish or remove the buildings and improvements thereon; and WHEREAS, the owner has voluntarily offered a sales contract for the purchase of the property at 6912 June Avenue and legally described as: Lot 10, Block 1, Lane's Brooklyn Center Addition; and WHEREAS, the owner has voluntarily offered a sales contract for the purchase of the property at 6932 June Avenue North and legally described as: Lot 12, Block 1, Lane's Brooklyn Center Addition; and • WHEREAS, the owner has voluntarily offered a sales contract for the purchase of the property at 6935 June Avenue North and legally described as: Lot 2, Block 2, Lane's Brooklyn Center Addition; and WHEREAS, the buildings located on the aforementioned properties are substandard and obsolescent within the meaning of Minnesota Statutes, Section 469.012; and WHEREAS, the sale price of each property is $105,000; and WHEREAS, the EDA Board of Commissioners has determined that it is in the best interests of the EDA and the public to acquire certain real estate located at 6912, 6932 and 6935 June Avenue North. NOW, THEREFORE, BE IT RESOLVED by the Economic Development Authority in and for the City of Brooklyn Center, Minnesota as follows: 1. The EDA hereby finds and determines that the properties are substandard and obsolete within the meaning of Minnesota Statutes, Section 469.012. 2. The EDA accepts the terms of the sales contracts for the properties at 6912, 6932 and 6935 June Avenue North. • RESOLUTION NO. • 3. The Brooklyn Center Economic Development Authority hereby authorizes the acquisition of 6912, 6932 and 6935 June Avenue North for the purchase price of $105,000 each and additional closing costs as required by the sales contract. 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. • •