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HomeMy WebLinkAbout2011 12-11 EDAM Regular 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 REGULAR SESSION DECEMBER 12, 2011 CITY HALL — COUNCIL CHAMBERS 1. CALL TO ORDER The Brooklyn Center Economic Development Authority (EDA) met in Regular Session called to order by President Tim Willson at 7:06 p.m. 2. ROLL CALL President Tim Willson and Commissioners Carol Kleven, Kay Lasman, and Dan Ryan. Also present were Executive Director Curt Boganey, Director of Fiscal and Support Services Dan Jordet, Public Works Director /City Engineer Steve Lillehaug, Director of Business and Development Gary Eitel, Assistant City Manager/Director of Building and Community Standards Vickie Schleuning, City Attorney Charlie LeFevere, and Carla Wirth, Timesaver Off Site Secretarial, Inc. 3. APPROVAL OF AGENDA AND CONSENT AGENDA Commissioner Ryan moved and Commissioner Lasman seconded approval of the Agenda and Consent Agenda, and the following item was approved: 3a. APPROVAL OF MINUTES 1. October 24, 2011 — Regular Session Motion passed unanimously. 4. COMMISSION CONSIDERATION ITEMS 4a. RESOLUTION NO. 2011 -29 AUTHORIZING THE ACQUISITION OF PROPERTY IN CONNECTION WITH THE REMOVE AND REBUILD PROGRAM (5919 XERXES AVENUE) Director of Business and Development Gary Eitel introduced the item and indicated the EDA has the opportunity to purchase a single - family residence at 5919 Xerxes Avenue with an assessed value of $116,400, currently vacant and foreclosed. He noted the delinquent taxes and utilities would be paid by the seller through the acquisition. Mr. Eitel displayed pictures of the subject property, noting the interior water damage resulted in reducing the property price to $29,900. He 12/12/11 -1- indicated that Code Enforcement is recommending removal of the structure. Mr. Eitel described the benefits of the Rebuild Program and Renew Loan Program used by the City to stabilize neighborhoods. Commissioner Lasman moved and Commissioner Ryan seconded adoption of RESOLUTION NO. 2011 -29 Authorizing the Acquisition of Property in Connection with the Remove and Rebuild Program (5919 Xerxes Avenue). Motion passed unanimously. 4b. RESOLUTION NO. 2011 -30 AUTHORIZING THE ACQUISITION OF MN/DOT EXCESS RIGHT -OF -WAY TO PROMOTE ECONOMIC DEVELOPMENT OPPORTUNITIES (FORMER DENNY'S RESTAURANT SITE) Mr. Eitel introduced the item and stated the EDA has the opportunity to acquire excess Mn/DOT right -of -way. He displayed an aerial photograph of the 1.27 acre right -of -way area that had been appraised at $108,300 and could be added to the 7.39 acre former Northwest Athletic Club site, creating an 8.66 acre site that would increase development potential. Mr. Eitel advised the purchase price is an eligible expenditure from TIF District No. 2. Commissioner Lasman moved and Commissioner Ryan seconded adoption of RESOLUTION NO. 2011 -30 Authorizing the Acquisition of Mn/Dot Excess Right -of -Way to Promote Economic Development Opportunities (Former Denny's Restaurant Site). Motion passed unanimously 4c. RESOLUTION NO. 2011 -31 APPROVING THE FINAL BUDGET FOR THE CITY OF BROOKLYN CENTER ECONOMIC DEVELOPMENT AUTHORITY FOR FISCAL YEAR 2012 Executive Director Curt Boganey introduced the item, discussed the history, and stated the purpose of the proposed resolution to approve the final budget for the EDA for fiscal year 2012. He explained the EDA is the "operating arm" for redevelopment activities of the City. Commissioner Ryan moved and Commissioner Kleven seconded adoption of RESOLUTION NO. 2011 -31 Approving the Final Budget for the City of Brooklyn Center Economic Development Authority for Fiscal Year 2012. Motion passed unanimously. 5. ADJOURNMENT Commissioner Ryan moved and Commissioner Lasman seconded adjournment of the Economic Development Authority meeting at 7:16 p.m. Motion passed unanimously. 12 /12 /11 -2- 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 a Regular Session of the Economic Y( EDA Authority Development of the City of Brooklyn Center p ) held on December 12, 2011. 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 January 9, 2012, Regular Session. e etary President 12/12/11 -3-