Loading...
HomeMy WebLinkAbout1995 12-18 EDAP Regular Session HRA AGENDA • CITY OF BROOKLYN CENTER DECEMBER 18, 1995 7 p.m. 1. Call to Order 03 pro 2. Roll Call CU D ,CA H km 3. Commission Consideration Items: f Resolution Approving the Final Brooklyn Center Housing and Redevelopment g 01 Authority Budget for the Year 1996 Pursuant to MSA Chapter 469.033, Subdivision 6 and MSA,Chapter 469.107 Subdivision 1 � .(� b. Resolution Establishing the Final Tax Levy for the Brooklyn Center Housing d - G Redevelopment Authority for the Year 1996 Y,M D(4 - 4. Adjournment 7 • EDA AGENDA CITY OF BROOKLYN CENTER DECEMBER 18, 1995 (following adjournment of HRA meeting) 1. Call to Order �� �m 2. Roll Call lA ) C� U) � n 3. Commission Consideration Items a. Resolution Approving the Final Brooklyn Center. Economic Development Authority Budget for the Year 1996 Purs t to MSA Chapter 469.107, Subdivision 1 b. Resolution Requesting the City of Brooklyn Center to Le Taxes for the Benefi • 3 � Levy t of the Brooklyn Center Economic e W , DN � a velopment Authority for the Year 1996 no 4. Adjournment (70 VIM CITY COUNCIL AGENDA -2- December 18, 1995 • CITY COUNCIL AGENDA CITY OF BROOKLYN CENTER DECEMBER 18, 1995 (following adjournment of EDA meeting) 1. Call to Order �05 m P 2. Roll Call 10A � ��Kti k ) �� C L 3. Opening Ceremonies ©l akJ k IL " &Wc-r) 4. Council Report `- 5. Open Forum • 6. Council Consideration Items: ,9 4 4 a. Resolution Calling Special Election to Fill a Couricil Vacancy JUtt &CL�" kb 4 b. Alternative Budget Proposal by Councilmember ar� oy C. Adoption of Budgets for the Year 1996 1. Resolution Approving a Final Tax Capacity Levy for the Purpose of Defraying the Cost of Operation, Providing Informational Service, and Relocation Assistance Pursuant to the Provisions of MSA 469.001 Through 469.047 of the Housing and Redevelopment. Authority of the City of Brooklyn Center for the Year 1996 gj7) �� kM + DN ) M C \\� 2. Resolution to Au a Final Tax Levy for 1996 Appropriations for the GJ �7 General Fund, the Street Improvement Debt Service Funds, the E.D.A. Fund and the H.R.A. Fund Budgets k.mtV, � a- 4 �+!r� -erg a mwt4 ( soe, � ,,yy�� o&� �o r� a 1 S 3. Resolution to Adopt the 1996 Proposed Budgets for Fund, the Street Improvement Debt Service Funds I the�E.D.A. Fund, and the H.R.A. Fund km) D/4 '� 0)�o w n , I �, MR, 4. t eolutlon t t�:Pi� 196 Pro oud ets r • 1P P p g e ia( &evenue Funds 5. Resolution to Adopt the 1996 Proposed Budgets for the Enterprise Funds K.r, 1-zL rh 111 k ���. CITY COUNCIL AGENDA —3— December 18, 1995 • a 7 8' 6. Resolution to Adopt the 1996 Pr posed Budgets for the Internal Service Funds bq) d. Resolution Setting Wages and Salarie for the Year 1996 e. Setting Date for Annual oint Meeting Between City Council and City Advisory Commissions 4 ��� t D!+ ULCCL f. Resolution Expressing Appreciation d Thanks to Camille (Cam) Andre, Interim City Manager �} CLP LwaL 7. Adjournment & Z5 - L � `' � • • • EDA AGENDA CITY OF BROOKLYN CENTER DECEMBER 18, 1995 (following adjournment of HRA meeting) 1. Call to Order I I 2. Roll Call 3. Commission Consideration Items a. Resolution Approving the Final Brooklyn Center Economic Development Authority Budget for the Year 1996 Pursuant to MSA Chapter 469.107, Subdivision 1 b. Resolution Requesting the City of Brooklyn Center to Levy Taxes for the Benefit of the Brooklyn Center Economic Development Authority for the Year 1996 4. Adjournment • Council Meeting Date 12 -18 -95 City of Brooklyn Center Agenda Item Number 3 a, O Request For Council Consideration Item Description: Resolutions for Adoption of the 1996 Economic Development Authority Budget. Department Approval: C NR-4 Charlie Hansen, Financ 1 0 rector Manager's Review /Recommendation: , No comments to supplement this report Comments below /attached Recommended City Council Action: Passage of the attached resolutions. Summary Explanation: (supporting documentation attached YES ) Attached are two resolutions. The first adopts a budget for the Economic Development Authority for • the year 1996. The budget anticipates revenues of $171,903 from property taxes and revenues from other sources. It approves expenditures of $683,967 to run the various E.D.A. programs. The second resolution sets the tax levy for 1996. There is still a "levy limit" on the E.D.A.'s tax levy and this resolution sets the levy at this limit. It also request the consent of the City Council since that approval is required by state law to actually certify the levy to the county. • • Member introduced the following resolution and moved its adoption: EDA RESOLUTION NO. RESOLUTION APPROVING THE FINAL BROOKLYN CENTER ECONOMIC DEVELOPMENT AUTHORITY BUDGET FOR THE YEAR 1996 PURSUANT TO MSA CHAPTER 469.107 SUBDIVISION 1 WHEREAS, the Brooklyn Center Economic Development Authority has considered the attached final budget and finds that this budget is necessary for the operation of the Brooklyn Center Economic Development Authority during the year 1996. NOW, THEREFORE, BE IT RESOLVED by the Economic Development Authority for the City of Brooklyn Center that the attached budget of the Economic Development Authority for said City is hereby approved and shall be: ESTIMATED REVENUES: $683,967 APPROPRIATIONS: $683,967 BE IT FURTHER RESOLVED that a copy of this resolution, together with the attached budget, be submitted to the City Council of the City of Brooklyn Center. • Date President The motion for the adoption of the foregoing resolution was duly seconded by member 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. • 31 • Member introduced the following resolution and moved its adoption: EDA RESOLUTION NO. RESOLUTION REQUESTING THE CITY OF BROOKLYN CENTER TO LEVY TAXES FOR THE BENEFIT OF THE BROOKLYN CENTER ECONOMIC DEVELOPMENT AUTHORITY FOR THE YEAR 1996 WHEREAS, Minnesota statutes currently require certification of a final tax levy to the Hennepin County Auditor on or before December 28, 1995. NOW, THEREFORE, BE IT RESOLVED by the Economic Development Authority of the City of Brooklyn Center as follows: Section 1: That the Economic Development Authority requests the City of Brooklyn Center to levy a property tax for the benefit of the Economic Development Authority, for the year 1996 at a rate not to exceed 0.01813% of taxable property, real and personal, situated within the corporate limits of the City of Brooklyn Center, Minnesota and not exempted by the Constitution of the State of Minnesota or the valid laws of the State of Minnesota, for the purpose of maintaining the E.D.A. Special Operating Fund pursuant to MSA Chapter 469.107, Subdivision 1. • Section 2: The City of Brooklyn Center will include the Economic Development Authority's final tax levy in the City of Brooklyn Center's final tax levy to the Hennepin County Auditory on or before December 28, 1995. Date President The motion for the adoption of the foregoing resolution was duly seconded by member 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. • ECONOMIC DEVELOPMENT AUTHORITY SPECIAL OPERATING FUND • 1996 Budget POLICIES: + To preserve the vitality of the City's neighborhoods and maintain a high level of resident satisfaction with the City's housing and related services and to maximize the quality of the City's existing housing stock through programs of selected redevelopment and rehabilitation. + To encourage the continual updating and redevelopment of the City's commercial areas to keep them attractive and competitive and encourage the location of new businesses. + To encourage the preservation and expansion of the City's industrial base. PURPOSE: The purpose of the Economic Development Authority is to preserve and improve the City's neighborhoods so that there continues to be a high level of resident satisfaction with City neighborhoods and housing. Additionally, the EDA will work to undertake such programs and policies that will assist in the development of the City's industrial commercial and retail businesses to maintain the City's regional position with regard to these businesses. ACTIVITIES: Percent of Budget STAFFING: Administration 22% 1.00 Community Develop. Director Redevelopment 58% 1.00 Community Develop. Specialist Rehab of Private Property 15% 0.60 E.D.A. Secretary • Special Studies /Projects 5% 0.05 Building Inspector 100% 0.05 Community Develop. Recept. 0.05 Community Develop. Secretary 2.75 Full -time Equivalents Actual Actual Adopted Department Manager Budget 1993 1994 1995 Requested Recommend REVENUES: Property Taxes - E.D.A. Levy $140,751 $123,443 $140,592 $177,220 $177,220 Less: 3% Uncollectible 0 0 (4,218) (5,317) (5,317) Net Property Taxes $140,751 $123,443 $136,374 $171,903 $171,903 Homestead Credit 34,792 30,306 36,483 Transfer from H.R.A. Fund 137,986 132,938 136,974 137,092 136,981 Investment Earnings 86,965 96,226 62,500 105,000 105,000 C.D.B.G. Revenue 240,781 184,836 253,334 270,083 270,083 Apartment Rent 26,785 21,658 23,500 State Grant 275,000 Transfer - Capital Improve Fund 470,000 Other 5,129 Total $668,060 $1,339,536 $649,165 $684,078 $683,967 EXPENDITURES: Personnel $152,008 $152,008 $158,721 $164,420 $164,420 Supplies 829 829 2,300 1,100 1,100 Legal & Professional 119,485 119,485 78,590 112,236 112,236 Repairs & Maintenance 74,552 74,552 143,017 92,382 92,382 Contractual Services 67,003 67,003 54,450 56,240 56,240 Vehicle Services 3,405 2,242 2,242 • Taxes 59,977 59,977 28,700 4,900 4,900 Capital Outlay 606,531 606,531 131,327 233,000 233,000 Relocation Assistance 6,500 6,500 24,000 Other 15,080 15,080 24,655 17,558 17,447 Total $1,101,965 $1,101,965 $649,165 $684,078 $683,967 Staffing (FTE) 2.6 2.7 2.7 2.8 2.8