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HomeMy WebLinkAbout2010 05-10 EDAM Executive Session 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 EXECUTIVE SESSION MAY 10, 2010 CITY HALL — SHINGLE CREEK CONFERENCE ROOM 1. CALL TO ORDER The Brooklyn Center Economic Development Authority (EDA) met in Executive Session called to order by President Tim Willson at 9:13 p.m. 2. ROLL CALL President Tim Willson and Commissioners Kay Lasman, Tim Roche, Dan Ryan, and Mark Yelich. Also present were Executive Director Curt Boganey, Director of Business and Development Gary Eitel, City Attorney Charlie LeFevere, and Carla Wirth, TimeSaver Off Site Secretarial, Inc. Others present were City's Legal Counsel David Greening, Briggs & Morgan 3. DISCUSS PENDING LITIGATION REGARDING A POTENTIAL SETTLEMENT WITH OLIVER COMPANIES REGARDING THE CONSTRUCTION OF THE LINK — EMBASSY SUITES DEVELOPMENT AGREEMENT AND THE D BARN LEASE (SPA) The Economic Development Authority (EDA), City Attorney, Mr. Greening, and staff discussed pending litigation regarding a potential settlement with Oliver Companies regarding the construction of the Link, Embassy Suites development agreement and the D Barn lease (spa). City's Legal Counsel Greening left the meeting at 10:33 p.m. 4. DISCUSS THE SALE OF REAL PROPERTY LOCATED AT 6037 BROOKLYN BOULEVARD — NORTHBROOK APARTMENTS The EDA, City Attorney, and staff discussed the sale of property located at 6037 Brooklyn Boulevard, Northbrook Apartments. 5. ADJOURNMENT Commissioner Lasman moved and Commissioner Roche seconded adjournment of the Economic Development Authority Executive Session at 10:50 p.m. Motion passed unanimously. 05/10/10 -1- STATE OF MINNESOTA) COUNTY OF HENNEPIN) ss. Certification of Minutes CITY OF BROOKLYN CENTER) The undersigned, being the duly qualified and appointed Secretary of the Economic Development Authority (EDA) of the City of Brooklyn Center, Minnesota, certifies: 1. That attached hereto is a full, true, and complete transcript of the minutes of an Executive Session of the Economic Development Authority (EDA) of the City of Brooklyn Center held on May 10, 2010. 2. That said meeting was held pursuant to due call and notice thereof and was duly held at Brooklyn Center City Hall, 3. That the Economic Development Authority (EDA) adopted said minutes at its May 24, 2010, Regular Session. �5cretary President 05/10/10 -2-