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HomeMy WebLinkAbout1988 09-19 EDAP Regular Session EDA AGENDA CITY OF BROOKLYN CENTER SEPTEMBER 19, 1988 1. Call to Order 2. Roll Call 3. Approval of Minutes: a. August 22, 1988 - Special Session b. September 6, 1988 - Special Session 4. Resolutions: a. Approving the Brooklyn Center Economic Development Authority Budget for the Year 1989 Pursuant to MSA Chapter 462.545, Subdivision 6 b. Establishing the Tax Levy for the Brooklyn Center Economic Development Authority for the Year 1989 5. Adjournment 3e�--' 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 SPECIAL SESSION AUGUST 22, 1988 CITY HALL CALL TO ORDER The Brooklyn Center Economic Development Authority met in special session and was called to order by President Dean Nyquist at 8 :28 p.m. ROLL CALL President Dean Nyquist, Commissioners Gene Lhotka, Celia Scott, Bill Hawes, and Rich Theis. Also present were EDA Director Gerald Splinter, Finance Director Paul Holmlund, Director of Planning and Inspection Ron Warren, City Attorney Charlie LeFevere, EDA Coordinator Brad Hoffman, and Administrative Aid Patti Page. APPROVAL OF MINUTES AUGUST 8 1988 - SPECIAL SESSION There was a motion by Commissioner Scott and seconded by Commissioner Hawes to approve the minutes of the August 8, 1988, Economic Development Authority meeting as submitted. The motion passed unanimously. RESOLUTIONS RESOLUTION NO. 88 -16 Member Gene Lhotka introduced the following resolution and moved its adoption: RESOLUTION APPROVING ONE (1) BROOKLYN CENTER ECONOMIC DEVELOPMENT AUTHORITY GRANT (FILE NO. H66) The motion for the adoption of the foregoing resolution was duly seconded by member Rich Theis, and the motion passed unanimously. The EDA Director presented a Resolution Accepting and Approving a Contract with Westwood Professional Services, Inc. for Civil Engineering and Landscape Design for the Earle Brown Farm. The EDA Coordinator stated there are a few small changes to the contract, and he briefly reviewed those for the Council. He noted he has not yet concluded discussions regarding these changes with Westwood Professional Services, but he would like the EDA to approve the contract contingent upon approval of the language changes. There was a general consensus among Commission members to approve the contract contingent upon the language changes being agreed to by Westwood Professional Services, Inc. 8 -22 -88 -1- RESOLUTION NO. 88 -17 Member Celia Scott introduced the following resolution and moved its adoption: RESOLUTION ACCEPTING AND APPROVING A CONTRACT WITH WESTWOOD PROFESSIONAL SERVICES, INC. FOR CIVIL ENGINEERING AND LANDSCAPE DESIGN FOR THE EARLE BROWN FARM The motion for the adoption of the foregoing resolution was duly seconded by member Bill Hawes, and the motion passed unanimously. ADJOURNMENT There was a motion by Commissioner Lhotka and seconded by Commissioner Scott to adjourn the meeting. The motion passed unanimously. The Brooklyn Center Economic Development Authority adjourned at 8:32 p.m. President 8 -22 -88 -2- ..� b 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 SPECIAL SESSION SEPTEMBER 6, 1988 CITY HALL CALL TO ORDER The Brooklyn Center Economic Development Authority met in special session and was called to order by President Dean Nyquist at 7:30 p.m. ROLL CALL President Dean Nyquist, Commissioners Gene Lhotka, Celia Scott, Bill Hawes, and Rich Theis. Also present were EDA Director Gerald Splinter, Director of Public Works Sy Knapp, Finance Director Paul Holmlund, City Assessor Pete Koole, City Attorney Charlie LeFevere, EDA Coordinator Brad Hoffman, and Administrative Aid Patti Page. RESOLUTION NO. 88 -18 Member Gene Lhotka introduced the following resolution and moved its adoption: RESOLUTION ACCEPTING AND APPROVING A CONTRACT WITH ROBERT RIPPE & ASSOCIATES, INC. The motion for the adoption of the foregoing resolution was duly seconded by member Rich Theis, and the motion passed unanimously. ADJOURNMENT There was a motion by Commissioner Scott and seconded by Commissioner Hawes to adjourn the meeting. The motion passed unanimously. The Brooklyn Center Economic Development Authority adjourned at 7:32 p.m. President 9 -6 -88 -1- Member introduced the following resolution and moved its adoption: EDA RESOLUTION NO. RESOLUTION APPROVING THE BROOKLYN CENTER ECONOMIC DEVELOPMENT AUTHORITY BUDGET FOR THE YEAR 1989 FURSUANT TO MSA CHAPTER 462.545, SUBDIVISION 6 ------------------------------------------------------------------- WHEREAS, the Brooklyn Center Economic Development Authority has considered the attached budget and finds that this budget is necessary for the operation of the Brooklyn Center Housing and Redevelopment Authority during the year 1989: 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. 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. Passed by the Economic Development Authority of the City of Brooklyn Center this 19th day of September, 1988. ---------------------------- - - - --- ------------------------------------ Date Chairman 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 OF BROOKLYN CENTER 1989 BUDGET CITY OF BROOKLYN CENTER DEPARTMENT OF FINANCE DM-BL (EEHRAB2) Member introduced the following resolution and moved its adoption: EDA RESOLUTION NO RESOLUTION APPROVING THE BROOKLYN CENTER ECONOMIC DEVELOPMENT AUTHORITY BUDGET FOR THE YEAR 1989 PURSUANT TO MSA CHAPTER 462.545, SUBDIVISION 6 ------------------------------------------------------------------- WHEREAS, the Brooklyn Center Econonic Development Authority has considered the attached budget and finds that this budget is necessary for the operation of the Brooklyn Center Housing and Redevelopment Authority during the year 1989: 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. BE IT FURTHER RESOLVED that a copy of this resolution, together with the attached budget, be sutmitted to the City Council of the City of Brooklyn Center. • Passed by the Economic Development Authority of the City of Brooklyn Center this 19th day of September, 1988. ---------------------------- - - - - -- ------------------------------------ Date Chairman The motion for the adoption of the foregoing resolution was duly seconded by mamber , 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. i (EEHRATR) Member introduced the following resolution and moved its adoption: EDA RESOLUTION NO. RESOLUTION ESTABLISHING THE TAX LEVY FOR THE BROOKLYN CENTER ECONOMIC DEVELOPMENT AUTHORITY FOR THE YEAR 1989 ------------------------------------------------------------------- BE IT RESOLVED by the Economic Development Authority of the City of Brooklyn Center as follows: Section 1: That there be and hereby is levied a one -third mill levy for the year 1989 on all taxable property, real and personal, situated within the corporate limits of the City of Brooklyn Center and not exempted by the Constitution of the State of Minnesota or the valid laws of the State of Minnesota, for the purpose of establishing an EDA Fund and conducting the operation of an EDA pursuant to the provisions of MSA 462.411 through 462-711. Section 2: That the consent resolution by the City Council of the City of Brooklyn Center to this special tax for the operation of the • Economic Development Authority is attached to this resolution and made part of it. Section 3: That said tax rate and levy be certified to the County Auditor of Hennepin County on or before October 25, 1988. Passed b the Economic Development Authority of the City of Brooklyn Y 4�► Y Y n Y Center this 19th day of September, 1988. ---------------------------- - - - - -- ------------------------------------ Da to Chairman 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. 2 (EEHRACR) Member introduced the following resolution and moved its adoption: RESOLUTION NO. RESOLUTION APPROVING A ONE-THIRD MILL LEVY FOR THE PURPOSE OF DEFRAYING THE COST OF OPERATION, PURSUANT TO THE PROVISIONS OF MSA 462.411 THROUGH 462.711, OF THE ECONOMIC DEVELOPMENT AUTHORITY OF THE CITY OF BROOKLYN CENTER FOR THE YEAR 1989 ---------------------------------------------------------------- WHEREAS, the City Council of the City of Brooklyn Center is the governing body of the City of Brooklyn Center; and WHEREAS, the City Council has received a resolution fran the Economic Development Authority of the City of Brooklyn Center entitled a "Resolution Establishing the Tax Levy of the Brooklyn Center Economic Development Authority for the Year 1989 "; and WHEREAS, the City Council, pursuant to the provisions of MSA 462.545, Subdivision 6, must by resolution consent to the proposed tax levy of the Economic Development Authority of the City of Brooklyn Center: NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Brooklyn Center that a special tax be levied upon all real and personal property within the City of Brooklyn Center in the amount equal to one -third of a mill. BE IT FURTHER RESOLVED that the said one -third mill, to be used for the operation of the Brooklyn Center Economic Development Authority pursuant to the provisions of MSA 462.411 through 462.711, be certified for tax levy to the County Auditor of Hennepin County on or before October 25, 1988. ---------------------------- - - - - -- ----------------------------- --------- Date Mayor ATTEST: Clerk 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. 3 (EEHRASM) ECONOMIC DEVELOPMENT AUTHORITY OF THE • CITY OF BROOKLYN CENTER, MINNESOTA ANNUAL OPERATING BUDGET 1989 PROPOSED SUMMARY OF ESTIMATED REVENUES, APPROPRIATIONS AND CHANGES IN FUND BALANCE -------------------------------------------------- ESTIMATED ESTIMATED 1988 1989 ESTIMATED REVENUE: I. General Property taxes $ 59,369 $ 61,000 II. Tax Increments 915,000 1,376,600 III. Intergovernmental Revenue 393,565 187,600 IV. Miscellaneous Revenue 256,487 142,725 TOTAL ESTIMATED REVENUE $1,624,421 $1,767,925 ---- - - - - -- ---- - - - - -- V. Borrowing 5,438,942 TOTAL SOURCES OF FUNDS $1,624,421 $7,206,867 ---- - - - - -- ---- - - - - -- APPROPRIATIONS: I. Administration $ 45,688 $ 21,350 II. Earle Brawn Farm 525,793 8,839,564 Construction Interest 135,000 III. Redevelopment IV. Rehabilitation Grants 178,565 172,000 V. Debt Service Transfer 431,710 420,000 TOTAL APPROPRIATIONS $1,181,756 $9,587,914 FUND BALANCE - January 1, $2,619,086 $3,061,751 ---- - - - - -- ---- - - - - -- FU ND BALANCE - December 31, $3,061,751 $ 680,704 4 (EEFBAD) • ECONOMIC DEVELOPMENT AUTHORITY OF THE CITY OF BROOKLYN CENTER, MINNESOTA FUND BALANCE ANALYSIS BY DIVISION E.D.A. E.B.F. Fund Balance 12 -31 -86 $ 382,907 $ 2,491,079 Property Taxes 52,510 376,890 Homestead Credit 15,365 Transfers in (CDBG) 91,141 Interest Income 28,438 185,062 Contract for Deed Interest 32,250 Sale of Land 23,500 Other 11,196 1987 Expenditures - 98,584 - 645,778 Transfers to debt service - 326,890 ----- - - - - -- ----- - - - - -- Fund Balance 12 -31 -87 $ 506,473 $ 2,112,613 ----- - - - - -- ----- - - - - -- Property Taxes 59,369 Tax Increments 915,000 Homestead Credit 15,000 Transfers in (CDBG) 178,565 200,000 Interest Income 43,300 180,700 Contract for Deed Interest 32,487 1988 Expenditures - 224,253 - 525,793 Transfers to debt service - 431,710 Estimated Fund Balance 12 -31 -88 $ 578,454 $ 2,483,297 ----- - - - - -- ----- - - - - -- Property Taxes 61,000 Tax Increments 1,376,600 Homestead Credit 15,600 Transfers in (CDBG) 172,000 Interest Income 47,000 63,000 Contract for Deed Interest 32,725 Borrowing 5,438,942 1989 Expenditures - 193,350 - 8,839,564 Construction Interest - 135,000 Transfers to debt service - 420,000 Estimated Fund Balance 12 -31 -89 $ 680,704 $ 0 5 • (EEHRARV) ECONOMIC DEVELOPMENT AUTHORITY OF THE CITY OF BROOKLYN CENTER, MINNESOTA ANNUAL OPERATING BUDGET 1989 PROPOSED RESUME OF REVENUE AND ESTIMATED REVENUE --------------------------------------- ESTIMATED REVENUE: ------------ - - - - -- 1986 1987 Estimated Estimated Actual Actual 1988 1989 Revenue Revenue Revenue Revenue - - - - -- --- - - - - -- ---- - - - - -- ---- - - - - -- I. GENERAL PROPERTY TAXES ------------------------------- Ad Valoran Levy $ 57,383 $ 52,510 $ 59,369 $ 61,000 Tax Increments 376,890 915,000 1,376,600 ---- - - - - -- ---- - - - - -- ----- - - - - -- ----- - - - - -- Total General Property Taxes 57,383 429,400 974,369 1,437,600 ---- - - - - -- ---- - - - - -- ----- - - - - -- ----- - - - - -- II. INTERGOVERNMENTAL REVENUE Community Developrnent Block Grants Housing Redevelopment, Year XI 142,813 Housing Redevelopment, Year XII 91,141 Earle Brown Farm Restoration 200,000 Housing Redevelopment, Year XIII 178,565 Housing Redevelopment, Year XIV 172,000 Homestead Credits 13,932 15,365 15,000 15,600 - Total Intergovernmental Revenue 156,745 106,506 393,565 187,600 ---- - - - - -- ---- - - - - -- ---- - - - - -- ---- - - - - -- III. MISCELLANEOUS REVENUE ------------------------------ Interest 2830239 213,500 224 0 000 110,000 Contract For Deed Interest 8,063 32,250 32,487 32,725 Rent, Refund and Miscelaneous 12,367 11,196 Land Sales 529,600 23,500 Sale of Bonds - - - - - -- - - - -- -- -- - - - - - -- Total Miscellaneous Revenue 833,269 280,446 256,487 142,725 - - - - -- ---- - - - - -- ----- - - - - -- ----- - - - - -- TOTAL REVENUE $1,047,397 $ 816,352 $ 1,624,421 $ 1,767,925 • 6 (EEHRAOB) ECONOMIC DEVELOPMENT AUTHORITY OF THE CITY OF BROOKLYN CENTER, MINNESOTA • 1989 PROPOSED BUDGET APPROPRIATIONS: I. ADMINISTRATION ------------------------------------------------------------------------------------------- 1988 1989 OBJECT 1986 1987 1988 ESTI- RECOM NO. OBJECT ACTUAL ACTUAL ADOPTED MATED MENDED -- - - - - -- ---------------------------- - - - - -- - - - - - -- -- - - - - -- - - - - - -- - - - - - -- - - - - - -- 4100 Salaries, Regular Employees $ 26,803 $ 0 $ 0 $ 0 $ 0 - - - - - -- - - - - -- - - - - - -- - - - - - -- - - - - - -- PERSONAL SERVICES TOTAL 26,803 0 0 0 0 - - - - - -- - - - - - -- - - - - - -- - - - - - -- - - - - - -- 4220 General Supplies 1,000 28 100 200 200 4210 Office Supplies 0 0 0 0 0 - - - - - -- -- - - - - -- - - - - - -- - - - - - -- - - - - - -- SUPPLIES, REPAIRS, MAINTENANCE TOTAL 1,000 28 100 200 200 4310 Professional Services 144 654 0 50 1,000 4312 Legal Services 0 1 1 901 1 1 000 1,000 2,000 - - - - -- - - - - -- - - - - - -- - - - - - -- - - - - - -- PROFESSIONAL SERVICES TOTAL 144 2,555 1,000 1,050 3,000 - - - - -- -- - - - - -- - - - - - -- - - - - -- - - - - - -- ,4334 Use of Personal Auto 0 0 100 100 100 4350 Printing 1,000 - - - - -- - - - - - -- - - - - - -- - - - - - -- - - - - - -- TRANSPORTATION TOTAL 0 0 100 100 1,100 - - - - - -- -- - - - - -- - - - - - -- - - - - - -- - - - - - -- 4397 LO,GIS Charges 1 2,500 4411 Conference & Schools 0 175 600 600 600 4413 Dues & Subscriptions 83 210 210 300 300 4414 Licenses, Taxes & Fees 50 100 4416 Interest 0 0 0 0 4417 Books and Pamphlets 101 63 300 100 300 4422 Administrative Services 0 8,313 9,248 9,248 0 - - - - - -- -- - - - - -- - - - - - -- - - - - - -- - - - - - -- MISCELLANEOUS TOTAL 184 8,761 10,358 11,498 3,800 - - - - - -- -- - - - - -- - - - - - -- - - - - - -- - - - - - -- OPERATING BUDGET SUB -TOTAL 28,131 11,344 11,558 12,848 8 - - - - -- -- - - - - -- - - - - - -- - - - - - -- - - - - - -- 4550 Furniture & Fixtures 424 0 0 0 0 4551 Office Furnishing & Equipm 40 233 1,500 30,000 0 4553 Mobile Equipment 0 0 0 0 13,250 4560 Construction Contract 2,840 0 - - - - -- -- - - - - -- - - - - - -- - - - - - -- - - - - - -- CAPITAL OUTLAY TOTAL 464 233 1,500 32,840 13,250 - - - - - -- -- - - - - -- - - - - - -- - - - - - -- - - - - - -- TOTAL BUDGET $ 28,595 $ 11,577 $ 13,058 $ 45,688 $ 21,350 (IBJOCOR) CITY OF BROOKLYN CENTER • GENERAL FUND BUDGET JUSTIFICATION OF CAPITAL OUTLAYS REQUESTS __._.________----.. -_____-_..-___-_____ w._....___...___~ _._.__ F__..-___.. _.....---- ...___- F_..__..-__f�_ 1. Department Economic Development Authority Dept. #: 85 Object #: 4552 2. Give description and quantity of item requested. Indicate date desired. One (1) Automobile 3. Describe the necessity for and /or benefits or savings expected from this item. Currently, there is one (1) administrative staff car. The vehicle is now being regularly used by four (4) individuals as well as others from other departments. The limited availability of a car has been and continues to be inconvenient. While the EDA would own the proposed vehicle, it would be used by other staff personnel. 4. If the item requires an increase in personal services for the activity, state the job title(s) contingent upon the item. N/A 5. Indicate any expenses necessary to place this item in operation and whether these expenses are included in your budget request. Insurance, registration, and etc. not included. 6. List any item which will be replaced by this purchase. State recommendations for disposition of this item. For example, trade -in, salvage, discard, etc. N/A 7. Estimated Net Cost: $ Quantity Unit Cost Total Cost Trade -in Net Total Cost 1 $ _ 13,250 $ 13,250 $ -0- $ 13,250 8 (EEHRAFB) ECONOMIC DEVELOPMENT AUTHORITY OF THE CITY OF BROOKLYN CENTER, MINNESOTA 1989 PROPOSED BUDGET APPROPRIATIONS: II. EARLE B RCW N FARM ------------------------------------------------------------------------------------- Program 1987 1988 1988 1989 Number Description Actual Adopted Estimated Recommended - - - - -- ----- - - - - -- ----- - - - - -- ----- - - - - -- --- - - - - -- ----- - - - - -- 920 General Administration $ 79,317 $ 48,193 $ 53,217 $ 56,230 921 Operation and Maintenance 3,757 2,400 9,000 5,400 923 Storm Sewer 85,467 926 Phase II Streetscape 6,707 927 Commons Water System 39,448 928 Phase III Streetscape 580,623 4,550 929 Jim Ryan Agreement 17,761 275 930 Earle Brawn Canmons 1,616 4,751 931 Streetscape Planning 1,596 932 E.B.F. Market Study 421 933 E.B.F. Restoration 349,000 8,391,934 934 E.B.F. Management Start -up 105,000 386,000 ---- - - - - -- ----- - - - - -- ---- - - - - -- ------ - - - - -- • TOTAL BUDGET $__ 645,779 $50,593 $__525,793 $__8,839,564 9 (EEHRA920) ECONOMIC DEVELOPMENT AUTHORITY OF THE CITY OF BROOKLYN CENTER, MINNESOTA 1989 PROPOSED BUDGET APPROPRIATIONS: II.a EARLE BROWN FARM ADMINISTATION ---------------------------------------------------------------------------------- 1988 1989 OBJECT 1987 1988 ESTI- RECOM- NO. OBJECT ACTUAL ADOPTED MATED MENDED -- - - - - -- ---------------------------- - - - - -- -- - - - - -- - - - - - -- - - - - - -- - - - - - -- 4100 Salaries, Regular Employees $ 0 $ 0 $ 0 $ 0 - - - - - - - - - - - - - - - - - - - - - - - - PERSONAL SERVICES TOTAL 0 0 0 0 4220 General Supplies 241 100 100 100 -- - - - - -- - - - - - -- - - - - - -- - - - - - -- SUPPLIES, REPAIRS, MAINTENANCE TOTAL 241 100 100 100 - - - - -- - - - - -- - - - - -- - - - - -- 4310 Professional Services: 11,828 5,000 10,000 10,000 4312 Legal Services 17,692 5,000 5,000 5,000 . PROFESSIONAL SERVICES TOTAL 29,520 10,000 15,000 15,000 4351 Legal Notice Publication 889 1,000 1,000 1 - - - - -- - - - - - -- - - - - - -- - - - - - -- PRINTING TOTAL 889 1,000 1,000 1,000 - - - - -- - - - - - -- - - - - - -- - - - - - -- 4411 Conferences & Schools 87 24 4413 Dues & Subscriptions 78 100 100 100 4414 Licenses & Taxes 15,249 0 0 0 4422 Ackninistrative Services 33,253 36,993 36,993 40,030 MISCELLANEOUS TOTAL 48,667 37,093 37,117 40,130 -- - - - - -- - - - - - -- - - - - - -- - - - - - -- TOTAL BUDGET $ 79,317 $ 48,193 $ 53,217 $ 56,230 10 • (EEHRA921) ECONOMIC DEVELOPMENT AUTHORITY OF THE CITY OF BROOKLYN CENTER, MINNESOTA 1989 PROPOSED BUDGET APPROPRIATIONS: II.b EARLE BROWN FARM OPERATION & MAINTENANCE ---------------------------------------------------------------------------------- 1988 1989 OBJECT 1987 1988 ESTI- RECOM- NO. OBJECT ACTUAL ADOPTED MATED MENDED 4100 Salaries, Regular Employees $ 511 $ 0 $ 0 $ 0 - -- - - - - - - -- - - - - - -- - - - - - -- PERSONAL SERVICES TOTAL 511 4220 General Supplies 1,434 100 100 100 4230 Repair & Maint Supplies 16 0 0 0 4233 Building Repair Supplies 97 0 0 0 -- - - - - -- - - - - - -- - - - - - -- ------- SUPPLIES TOTAL 1,547 100 100 100 4370 Utilities 656 700 2,200 1,200 . 4371 Electric Service 542 700 2,700 1 4372 Gas Service 42 100 100 100 4373 Heating Oil 0 700 3,600 2,000 4374 Water 19 4375 Waste Disposal 50 - - - - -- - - - - - -- -- - - - - -- - - - - - -- TOTAL UTILITIES 1,309 2,200 8,600 4,800 4383 Buildings Repair 0 100 300 500 4399 Equipment Rental - City 90 0 0 0 4420 Other Contractual Service 300 0 0 0 -- - - - - -- - - - - - -- - - - - - -- - - - - - -- TOTAL MAINTENANCE & REPAIR 390 100 300 500 TOTAL BUDGET $ 3,757 $ 2,400 $ 9,000 $ 5,400 (EEHRAFR) ECONOMIC DEVELOPMENT AUTHORITY OF THE CITY OF BROOKLYN CENTER, MINNESOTA 1989 PROPOSED BUDGET APPROPRIATIONS: II.c EARLE BROWN FARM RESTORATION --------------------------------------------------------------- Building Construction Costs: Site General ( Streets, Parking,,Site Lighting, $ 568,215 Sewer and Water) Bed & Breakfast 965,737 Barn "D" 283,913 Barn nGn 294,937 D & G Link 42,486 Blacksmith Shop 233,852 Barn 'IH" 242 Shop & H Link 45,234 Stable Restaurant 829 Hippodrome 2,480,761 Bunk House 28 Pump House 22,438 6,038,524 Site Improvements: Landscaping 105,910 Signage Allowance 40,000 • 145,910 Office Tenant Improvements Allowance (17,050 s.f. @ $25) 426,250 Furniture and Equipment: Kitchen Equipment: Bed & Breakfast 30,000 Hippodrome 310,000 Stable Restaurant 98,000 Furniture & Fixtures 400,000 Bed and Breakfast Furniture (est.) 40,000 Audio (Built in) 40,000 91 8, 000 Fees and Other Costs: Accoustical Consultant 5,000 Architects and Engineers - Winsor /Faricy 292,000 Landscape /Civil Engineer - Westwood 35,000 Construction Management - Heskin 365,000 Construction Supervisor - McGough 146,250 Soil Testing 12,000 Survey 12,000 Kitchen Consultant - Robert Rippee 20,000 Interior Design 40,000 Insurance 35,000 • 962,250 Contingency 250,000 TOTAL PROJECTED COSTS $ 8 12 i APPROPRIATIONS: II.d EARLE BROWN FARM MANAGEMENT START -UP Base Period 1 Period 2 Period 3 Total Stabilized Apr -Dec Jan -June July -Dec Salaries: 1988 1989 1989 Receptionist: Full Time $ 12,000 $ 3,000 $ 3,000 $ 6,000 $ 12,000 $ 12,000 Part Time 6,000 -0- 6,000 Maintenance: Full Time 18,000 4,500 4,500 18,000 Part Time 12,000 -0- 12,000 Part Time 12,000 -0- 12,000 Secretarial /Mngt. 24,000 3,000 6,000 12,000 21,000 24,000 Housekeeping: Part Time 10,000 5,000 5,000 10,000 Part Time 10,000 5,000 5,000 10,000 Part Time 10,000 5,000 5,000 10,000 Hostess: Full Time 18,000 9,000 9,000 18,000 w Part Time 9,000 4,500 4,500 9 Total: 6,000 9,000 51,000 66,000 141,000 + Benefits 25% 1 2,250 12,750 16,500 35,250 7,500 11,250 63,750 82,500 176,250 Management: 98,000 73,500 49,000 49,000 171,500 98,000 Promotion & Public Relations 13,500 48,000 60,000 121,500 60,000 Office Supplies & Equip & Postage 3,000 7,000 7,000 17,000 18,000 Travel & Entertainment 7,500 20,000 30,000 57,500 50,000 Bed & Breakfast Operations: Utilities 8,000 8,000 Maintenance 8,000 8,000 Supplies 5,000 5,000 Meals 20,000 20,000 TOTAL $ 105,000 $ 135,250 $ 250,750 $ 491,000 $ 402,000 (EEHRA10) ECONOMIC DEVELOPMENT AUTHORITY OF THE CITY OF BROOKLYN CENTER, MINNESOTA 1989 PROPOSED BUDGET APPROPRIATIONS: IV. REHABILITATION GRANTS ------------------------------------------------------------------------------------ 1988 1989 OBJECT 1987 1988 ESTI- RECOM- NO. OBJECT ACTUAL ADOPTED MATED MENDED -- - - - - -- ----------------------------- - - - - -- - - - - -- - - - - - -- - - - - - -- - - - - - -- 4100 Salaries, Regular Employees $ 310 $ 2,000 $ 0 $ 0 - - - - -- - - - - - -- - - - - - -- - - - - - -- PERSONAL SERVICES TOTAL 310 2,000 0 0 4310 Professional Services 4,340 4,000 4,000 12,600 PROFESSIONAL SERVICES TOTAL 4,340 4,000 4,000 12,600 - - - - -- - - - - - -- - - - - - -- - - - - - -- 4351 Legal Notice Publication 0 0 0 0 - - - - -- - - - - - -- - - - - - -- - - - - - -- PRINTING TOTAL 0 0 0 0 4382 Other Equipment Repair 4,555 5,565 5,500 4,300 4383 Buildings Repair 68,178 165,000 165,000 145,000 - - - - -- - - - - - -- - - - - - -- - - - - - -- REPAIR & MAINTENANCE TOTAL 72,733 170,565 170,500 149,300 4411 Conferences & Schools 21 22 22 4414 Licenses, Taxes & Fees 10 43 70 4422 Administrative Services 1,887 2,000 4,000 10,008 N MISCELLANEOUS TOTAL 1,918 2,000 4,065 10,100 TOTAL BUDGET $ 79,301 $178,565 $178,565 $172,000 14 (EEHRAAP) ECONOMIC DEVELOPMENT AUTHORITY OF THE CITY OF BROOKLYN CENTER, MINNESOTA ANNUAL OPERATING BUDGET AUTHORIZED PROGRAMS ------------------------------------------------------------------------ DIV IS ION NUMBER DIV IS ION PROGRAM NUMBER PROGRAM --- - - - - -- ------------------------------------------------------------- (86) HRA Ackninistration 901 Unallocated Expenses (87) Earle Brawn Farm 920 General Administration • 921 Operation and Maintenance 922 Acquisition of Tract H 923 Storm Sewer 924 Phase I Streetscape 925 Summit Drive Sidewalk 926 Phase II Streetscape 927 Commons Water System 928 Phase III Streetscape 929 Jim Ryan Agreement 930 Earle Brawn Commons 931 Streetscape Planning 932 E.B.F. Market Study 933 E.B.F. Restoration 934 E.B.F. Management Start -up (89) Redevelopment 941 Redevelope 1500 55th Avenue (10) Rehabilitation Grant Program 904 Grant Administration 001 -099 Individual Rehabilitation Grants • 15 i (BBTLBY) ECONOMIC DEVELOPMENT AUTHORITY OF BROOKLYN CENTER TAXES LEVIED BY YEAR YEAR YEAR LEVIED COLLECTIBLE MILLS AMOUNT ------------------------------------ - -� - -- 1988 1989 0.333 $ 76,600 --------------------------------------------------------------- 1987 1988 0.333 74,369 ------------------------------------------ 333 72,000 1985 1986 0.333 71,322 --------------------------------------------------------------- 1984 1985 0.333 69,569 --------------------------------------------------------------- 1983 1984 0.333 61,751 --------------------------------------------------------------- 1982 1983 0.000 0 ------------------------------------------------ 1981 1 9 82 0.000 0 --------------------------------------------------------------- 1980 1981 0.000 0 --------- --------------- ------- - - - - -- 1979 1 9 80 0.000 0 --------------------------------------------------------------- 1978 1979 0.333 43,255 --------------------------------------------------------------- 1977 1978 0.333 41,280 ----------------------- ---------------------------------------- 1976 1977 0.333 40, 000 --------------------------------------------------------------- 1975 1976 0.333 37,366 --------------------------------------------------------------- 1 97 4 1975 0.333 33,429 --------------------------------------------------------------- TAXES LEVIED TO -DATE $ 620,941 16 (EEHRAPS) ECONOMIC DEVELOPMENT AUTHORITY OF THE CITY OF BROOKLYN CENTER, MINNESOTA ANNUAL OPERATING BUDGET DETAIL OF PERSONAL SERVICES COMPLEMENT 1987 1988 1989 ---------- - - - - -- ADOPTED ADOPTED RECOMMENDED POSITION AUTH RM ANNUAL ANNUAL ANNUAL ------------------- - - - - -- - - - - -- - - - - - -- --- - - - - -- --- - - - - -- ---- - - - - -- Housing and Purchasing Coordinator 0.75 0.75 $30,744.00 $32,292.75 $ 34,776.00 Asst. Finance Director 0.12 0.12 5,460.00 Staff Accountant 0.20 0.20 4,761.00 4,760.00 - - - - -- - - - - - -- --- - - - - -- --- - - - - -- ---- - - - - -- Total Full -time #4100 0.87 0.87 35,505.00 37,052.75 40,236.00 PERA #4142 1,574-74 1,710-03 Social Security 44144 2,649.27 3,021.72 Hospitalization 44151 2,100.00 2,210.00 Life Insurance 444152 14.00 10.00 6,338.01 6,951.75 Office Rent 1,050.00 1,050.00 Equipment Rent 1,800.00 1,800.00 TOTAL ADMINISTRATIVE SERVICES 0.87 0.87 $35,505.00 $46,240.76 $ 50,037.75 Admin Services Distribution --------------------------- HRA Administration — Unallocated Program 901 - 20% $ 9,248.15 Grant Administration - Rehab Grants Program 904 - 20% $ 10,007.55 Earle Brown Farm - Administration Program 920 - 80% 36,992.61 40,030.20 $46,240.76 $ 50,037.75 1989 1988 Projected Salaries Salaries Brad Hoffman $43,057.00 $ 46,368.00 Charles Hansen 45,500.00 Bob Rhodes 23,800.00 Total Salaries $66,857.00 $ 91,868.00 17 ( JHRA37 ) ECONOMIC DEVELOPMENT AUTHORITY OF THE CITY OF BROOKLYN CENTER, MINNESOTA DEBT SERVICE - BONDS OF 1983 1989 PROPOSED RESUME OF REVENUES, EXPENDITURES, AND CHANGES IN FUND BALANCE ESTIMATED REVENUE: ------ ------ - - - - -- 1987 Estimated Estimated Estimated Actual 1988 1989 1990 Revenue Revenue Revenue Revenue - - - - -- --- - - - - -- --- - - - - -- -- - - - - -- GENERAL PROPERTY TAXES Tax Increments $ 170,082 $ 144,674 $ 150,000 $ 150,000 ------ --- ---- - - - - -- ---- - - - - -- --- - - - - -- Total General Property Taxes 170,082 144,674 150,000 150,000 ---- - - - - -- ---- - - - - -- ---- - - - - -- --- - - - - -- INTERGOVERNMENTAL REVENUE Homestead Credits 23,678 20,700 21,000 21,000 ---- - - - - -- ---- - - - - -- ---- - - - - -- --- - - - - -- Total Intergovernmental Revenue 23,678 20,700 21,000 21,000 - - - - -- ---- - - - - -- ---- - - - - -- --- - - - - -- MISCELLANEOUS REVENUE Interest 26,724 31,000 36,000 40,000 - - - - -- --- - - - - -- --- - - - - -- -- - - - - -- Total Miscellaneous Revenue 26,724 31,000 36,000 40,000 --- - - - - -- --- - - - - -- --- - - - - -- -- - - - - -- TOTAL REVENUE 220,484 196,374 207,000 211,000 - - - -- - - - - - -- - - - - -- --- - - - - -- --- - - - - -- -- - - - - -- EXPENDITURES Principal 55,000 60,000 75,000 75,000 Interest 71,918 67,963 63,163 57,688 Fiscal Agent Charges 0 300 300 300 - - - - -- --- - - - - -- --- - - - - -- -- - - - - -- TOTAL EXPENDITURES 126,918 128,263 138,463 132,988 Fund Balance January 1 380,705 474,271 542,382 610,919 • Fund Balance December 31 $ 474,271 $ 542,382 $ 610,919$ 688,931 18 JH ( RA 8 3) ECONOMIC DEVELOPMENT AUTHORITY OF THE CITY OF BROOKLYN CENTER, MINNESOTA DEBT SERVICE - BONDS OF 1985 1989 PROPOSED RESUME OF REVENUES, EXPENDITURES, AND CHANGES IN FUND BALANCE - - - - -- -- --- - - - - -- ------- - - - - -- - -- - - - - - -- -- - - -- - - - - - -- ESTIMATED REVENUE: ---- -------- - - - - -- 1987 Estimated Estimated Estimated Actual 1988 1989 1990 Revenue Revenue Revenue Revenue - - - - -- --- - - - - -- --- - - - - -- --- - - - - -- MISCELLANEOUS REVENUE Interest $ 21,409 $ 20,000 $ 20,000 $ 20,000 ---- - - - - -- ---- - - - - -- ---- - - - - -- ---- - - - - -- Total Miscellaneous Revenue 21,409 20,000 20,000 20,000 ---- - - - - -- ---- - - - - -- ---- - - - - -- ---- - - - - -- TRANSFERS FROM OTHER FUNDS --- - - - - -- -- -- -- - -- - - - -- E.D.A. Fund Transfers 326,890 431,710 420,000 445,000 ---- - - - - -- ---- - - - - -- ---- - - - - -- ---- - - - - -- Total Transfers 326,890 431,710 420,000 445,000 - - - - -- ---- - - - - -- - - - - -- ---- - - - - -- TOTAL REVENUE $ 348,299 $ 451,710 $ 440,000 $ 465,000 - - - -- - - - - - -- EXPENDITURES - - - - -- Principal $ 0 $ 0 $ 0 $ 50,000 Interest 410,725 410 X 725 410,725 409,150 Fiscal Agent Charges 404 404 410 410 - - - - -- ---- - - - - -- ---- - - - - -- ---- - - - - -- TOTAL EXPENDITURES $ 411,129 $ 411 $ 411,135 $ 459,560 - - - -- ------ - - - - -- - - - - -- ---- - - - - -- ---- - - - - -- ---- - - - - -- Fund Balance January 1 453,519 390,689 431,270 460,135 - - -- - - - - - -- -- - - - - -- ---- - - - - -- ---- - - - - -- ---- - - - - -- ---- - - - - -- Fund Balance December 31 $ 390,689 $ 431,270 $ 460 $ 465,575 - - -- - - - - - -- -- - - - - -- -- • 19 I T Member introduced the following resolution and moved its adoption: EDA RESOLUTION NO. RESOLUTION ESTABLISHING THE TAX LEVY FOR THE BROOKLYN CENTER ECONOMIC DEVELOPMENT AUTHORITY FOR THE YEAR 1989 BE IT RESOLVED by the Economic Development Authority of the City of Brooklyn Center as follows: Section 1: That there be and hereby is levied a one -third mill levy for the year 1989 on all taxable property, real and personal, situated within the corporate limits of the City of Brooklyn Center and not exempted by the Constitution of the State of Minnesota or the valid laws of the State of Minnesota, for the purpose of establishing an EDA Fund and conducting the operation of an EDA pursuant to the provisions of MSA 462.411 through 462.711. Section 2: That the consent resolution by the City Council of the City of Brooklyn Center to this special tax for the operation of the Economic Developnent Authority is attached to this resolution and made part of it. Section 3: That said tax rate and levy be certified to the County Auditor of Hennepin County on or before October 25, 1988. Passed by the Economic Development Authority of the City of Brooklyn Center this 19th day of September, 1988. ------------------ -- ---- ---------- ------------------------------------ Da to Chairman 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.