HomeMy WebLinkAbout2010-001 HRAR Commissioner Mark Yelich introduced the following resolution and moved
its adoption:
HRA RESOLUTION NO. 2010 -01
RESOLUTION APPROVING AND AUTHORIZING EXECUTION OF A
LICENSE AGREEMENT AND AN AMENDED AND RESTATED PARKING,
ACCESS AND PEDESTRIAN LINK EASEMENT AGREEMENT BETWEEN
THE HOUSING AND REDEVELOPMENT AUTHORITY IN AND FOR THE
CITY OF BROOKLYN CENTER AND BROOKLYN HOTEL PARTNERS, LLC
WHEREAS, the Economic Development Authority of Brooklyn Center (the
"EDA ") has entered into a Development Agreement, as amended (the "Development Agreement ")
between the EDA, the City of Brooklyn Center and Brooklyn Hotel Partners, LLC, a Minnesota
limited liability company (the "Developer "), in connection with a hotel development (the "Project ")
to be constructed by the Developer; and
WHEREAS, the Housing and Redevelopment Authority in and for the City of
Brooklyn Center (the "Authority"), as the owner of the land for the Earle Brown Heritage Center is a
party to an easement agreement attached to the Development Agreement; and
WHEREAS, the EDA has caused to be prepared a Fourth Amendment to
Development Agreement (the "Amendment ") between the EDA and the Developer providing for,
among other things, (1) a modification of Developer's obligations, and (2) a modification to the
existing Parking, Access and Pedestrian Link Easement Agreement attached to the Development
Agreement (the "Easement Agreement ") among the EDA, the Authority and the Developer, and (3)
the granting of a license in favor of the Developer to use the pedestrian link on the Earle Brown
Heritage Center property, if and when constructed by the EDA, in the form attached to the
Amendment (the "License ").
NOW, THEREFORE, BE IT RESOLVED by the Board of Commissioners of the
Housing and Redevelopment Authority in and for the City of Brooklyn Center, that the Board of
Commissioners hereby approves the License and the Amended and Restated Parking, Access and
Pedestrian Link Easement Agreement attached to the Amendment in substantially the form on file
with the Authority in connection with the Amendment, the Easement Agreement and the Project.
The Executive Director of the Authority is hereby authorized to execute the License Agreement and
the Amended and Restated Access, Parking and Pedestrian Link Easement Agreement on behalf of
the Authority.
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June 28, 20101
Date President
The motion for the adoption of the foregoing resolution was duly seconded by Commissioner
Dan Ryan
and upon vote being taken thereon, the following voted in favor thereof:
Tim Willson, Dan Ryan, and Mark Yelich;
and the following voted against the same: none;
whereupon said resolution was declared duly passed and adopted.