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HomeMy WebLinkAbout2012 02-13 EDAP Regular Session a I I EDA MEETING City of Brooklyn Center February 13, 2012 AGENDA 1. Call to Order —The EDA requests that attendees turn off cell p hones and pagers during the meeting. A copy of the full City Council packet, including EDA (Economic Development Authority), is available to the public. The packet ring binder is located at the front of the Council Chambers by the Secretary. 2. Roll Call 3. Approval of Agenda and Consent Agenda —The following items are considered to be routine by the Economic Development Authority (EDA) and will be enacted by one motion. There will be no separate discussion of these items unless a Commissioner so requests, in which event the item will be removed from the consent agenda and considered at the end of Commission Consideration Items. a. Approval of Minutes 1. January 9, 2012 — Regular Session 4. Commission Consideration Items a. Resolution Opting Not to Waive Tort Liability for 2012 Requested Commission Action: — Motion to adopt resolution. b. Resolution Authorizing Third Amendment of the Food Service Management Agreement with Flik International Corporation Requested Commission Action: — Motion to adopt resolution. 5. Adjournment EDA Agenda Item No. 3a 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 (� JANUARY 9, 2012 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 7:51 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 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 Lasman moved and Commissioner Ryan seconded approval of the Agenda and Consent Agenda, as amended to remove Item 3b, and the following item was approved: 3a. APPROVAL OF MINUTES 1. December 12, 2011 — Regular Session 3b. EDA RESOLUTION AUTHORIZING THIRD AMENDMENT OF THE FOOD SERVICE MANAGEMENT AGREEMENT WITH FLIK INTERNATIONAL CORP This item was removed from the agenda. Motion passed unanimously. 4. COMMISSION CONSIDERATION ITEMS 4a. EDA RESOLUTION NO. 2012 -01 ELECTING OFFICERS FOR THE ECONOMIC DEVELOPMENT AUTHORITY IN AND FOR THE CITY OF BROOKLYN CENTER 01/09/12 -1- DRAFT Commissioner Kleven moved and Commissioner Lasman seconded adoption of EDA RESOLUTION NO. 2012 -01 Electing Officers for the Economic Development Authority in and for the City Of Brooklyn Center. President Willson stated the appointments are: President /Treasurer Tim Willson Vice - President Kay Lasman Assistant Treasurer Daniel Jordet Secretary Gary Eitel Motion passed unanimously. i 5. ADJOURNMENT Commissioner Lasman moved and Commissioner Ryan seconded adjournment of the Economic Development Authority meeting at 7:53 p.m. Motion passed unanimously. I I 01/09/12 -2- DRAFT EDA Agenda Item No. 4a EDA ITEM MEMORANDUM DATE: 1 February 2012 TO: Curt Boganey, Executive Director FROM: Daniel Jordet, Assistant Treasurer SUBJECT: Statutory Tort Liability Limits Recommendation: It is recommended that the Economic Development Authority consider approval /adoption of the attached resolution adopting the no waiver option for statutory tort liability insurance. Background: Each year the EDA must choose whether to waive tort liability limit protections of Minnesota Statutes 466.04 as part of the insurance policy renewal application process. M.S. 466.04 states that the maximum liability for a city for any claim arising after 1 January 2010 is $ 500,000 with an aggregate maximum of $ 1,500,000 per incident. In past years the EDA has chosen not to waive the liability limits and the regular premium for insurance has covered all claims. If the EDA were to waive the limits set by statute, it would be prudent to purchase additional insurance coverage to cover possible higher awards in liability claims. Premiums for such insurance would exceed $ 3,000 per year. Budget Issues: The 2012 budget anticipates leaving the no waiver option in place for 2012 and has anticipated insurance premiums based on that no waiver option. Waiving the statutory limits would require that at least $ 3,000 in additional premium costs be allocated for 2012 and in each succeeding year. Council Goals: Ongoing: 1. We will provide streamlined, cost effective, quality services with limited resources 2. We will ensure the financial stability of the City i :Mission: Ensurin, an attractive, clean, safe conunanity that enhances the quality of life and preserves the public trust SECTION 1: LIABILITY COVERAGE WAIVER FORM Cities obtaining liability coverage from the League of Minnesota Cities Insurance Trust must decide whether or not to waive the statutory tort liability limits to the extent of the coverage purchased. The decision to waive or not to waive the statutory limits has the following effects; if the city does not waive the statutory tort limits, an individual claimant would be able to recover no more than $500,000, on any claim to which the statutory tort limits apply. The total which all claimants would be able to recover for a single occurrence to which the statutory tort limits apply would be limited to $1,500,000. These statutory tort limits would apply regardless of whether or not the city purchases the optional excess liability coverage. 0 If the city waives the statutory tort limits and does not purchase excess liability coverage, a single claimant could potentially recover up to $1,500,000. on a single occurrence. The total which all claimants would be able to recover for a single occurrence to which the statutory tort limits apply would also be limited to $1,500,000., regardless of the number of claimants. U If the city waives the statutory tort limits and purchases excess liability coverage, a single claimant could potentially recover an amount up to the limit of the coverage purchased. The total which all claimants would be able to recover for a single occurrence to which the statutory tort limits apply would also be limited to the amount of coverage purchased, regardless of the number of claimants. Claims to which the statutory municipal tort limits do not apply are not affected by this decision. This decision must be made by the city council. Cities purchasing coverage must complete and return this form to LMCIT before the effective date of the coverage. For further information, contact LMCIT. You may also wish to discuss these Issues with your city attorney. Brooklyn Ctr EDA/HRA accepts liability coverage limits of $ 500,000!$1,500,000 from the League of Minnesota Cities Insurance Trust (LMCIT). Check one, The city DOES NOT WAIVE the monetary limits on municipal tort liability established by Minnesota Statutes 466.04. [] The city WAIVES the monetary limits on tort liability established by Minnesota Statutes 466.04, to the extent of the limits of the liability coverage obtained from LMCIT. Date of city council meeting Signature Position Return this completed form to LMCIT, 145 UnlverskyAve. W,, 5r Paul, MN. 55103-2044 i i Commissioner introduced the following resolution and moved its adoption: EDA RESOLUTION NO. RESOLUTION OPTING NOT TO WAIVE TORT LIABILITY FOR 2012 WHEREAS, the Economic Development Authority of the City of Brooklyn Center has an option to waive its protection under the tort liability limitations contained in Minnesota Statutes 466.04; and WHEREAS, the statutory tort limit for 2012 is $500,000 per individual with an aggregate limit of $1,500,000 per incident; and WHEREAS, the Economic Development Authority of the City of Brooklyn Center has not opted to waive its rights to limited tort liability in past years and is required to make a declaration of its intention every year. NOW, THEREFORE, BE IT RESOLVED by the Economic Development Authority of the City of Brooklyn Center, Minnesota, that the Authority does not waive the monetary limits on municipal tort liability established by Minnesota Statutes 466.02 for 2012. February 13, 2012 � Date President The motion for the ado tion of the foreg resolution was duly seconded b commissioner p g g Y Y 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 EDA Agenda Item No. 4b EDA ITEM MEMORANDUM DATE: January 23, 2012 TO: Curt Boganey, City Manager FROM: Jim Glasoe, Director of Community Activities, Recreation and Services SUBJECT: Resolution Authorizing Third Amendment of the Food Service Management Agreement with Flik International Corp Recommendation: It is recommended that the Economic Development Authority consider approval /adoption of the following resolution amending the agreement with Flik International Corp for Food Service Management at the Earle Brown Heritage Center. Background: On January 1, 2005 the EDA and Flik International Corp entered into an agreement for Food Service Management at the Earle Brown Heritage Center. The original agreement called for a two year contract. On February 1, 2007, the EDA authorized the First Amendment to this agreement which lengthened the contract by two years, clarified some contract language and amended the "Agreement Not to Compete" section to allow Flik to operate a facility in Trego Wisconsin. j i On January 10, 2010, the EDA authorized the Second Amendment to this agreement, which effectively extended the contract for an additional five years. Flik has now asked the EDA to consider amending this agreement for the third time, ostensibly to allow Flik to operate the Ameriprise Conference Center in Chaska Minnesota. In exchange for this accommodation, Flik has agreed to reduce the EBHC food costs by 2% in 2012, 3% in 2013, 4% in 2014 and by mutual agreement for each year thereafter. Based upon 2010 end of year figures, this would equate to food cost reductions of $7,177, $10,765 and $14,354 respectively. In addition to the food cost reduction, Flik has agreed to pay the EDA an annual $5,000 goodwill signing bonus for as long as Flik operates the Ameriprise Conference Center. All other terms and provisions of the Agreement and Amendments will remain in full force and effect and will remain unaffected by the Third Amendment. Budget Issues: This agreement will generate a reduction in food costs moving forward and will provide an annual "signing bonus" for the Earle Brown Heritage Center Operations. tllissinrtt Ensmhkq an attractive, dealt, tnfe cv nlAlnwR )' 11tH/ enhances the qualltp of 1if , and preserves the publie trust I . EDA ITEM MEMORANDUM Council Goals: Ongoing: 1. We will provide streamlined, cost effective, quality services with limited resources. Mission: Ensurihg an attractive, clean, safe eornnusnify that enhances the qualilp of life andpreserves the public trust i Commissioner introduced the following resolution and moved its adoption: EDA RESOLUTION NO. RESOLUTION AUTHORIZING THIRD AMENDMENT OF THE FOOD SERVICE MANAGEMENT AGREEMENT WITH FLIK INTERNATIONAL CORP WHEREAS, On January 1, 2005 the EDA and Flik International Corp entered into an agreement for Food Service Management at the Earle Brown Heritage Center. The original agreement called for a two year contract.; and WHEREAS, On February 1, 2007, the EDA authorized the First Amendment to this agreement which lengthened the contract by two years, clarified some contract language and amended the "Agreement Not to Compete" section to allow Flik to operate a facility in Trego Wisconsin; and WHEREAS On January 10, 2010, the EDA authorized the Second Amendment to this agreement, which effectively extended the contract for an additional five years; and WHEREAS, In exchange for this accommodation, Flik has agreed to reduce the EBHC food costs by 2% in 2012,3% in 2013,4% in 2014 and by mutual agreement for each year thereafter and furthermore, Flik has agreed to pay the EDA an annual $5,000 goodwill signing bonus for as long as Flik operates the Ameriprise Conference Center. i NOW, THEREFORE, BE IT RESOLVED by the Economic Development Authority in and for the City of Brooklyn Center that the President and /or Executive Director are hereby authorized to execute the Third Amendment to the Food Service Management Agreement with Flik International Corp. Date President The motion for the adoption of the foregoing resolution was duly seconded by Commissioner 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. THIRD AMENDMENT TO AGREEMENT This Third Amendment to the Agreement for Food Service Management entered into by and between the Economic Development Authority in and for the City of Brooklyn Center ( "Owner ") and Flik International Corp ( "Manager ") is effective January 1, 2012, RECITALS A. On January 1, 2005, Owner and Manager entered into an Agreement for Food Service Management ( "Agreement") whereby Manager agreed to manage Owner's catering facility; and B. On February 1, 2007, Owner and Manager entered into a First Amendment to the Agreement ( "First Amendment"); and C. On January 1, 2010, Owner and Manager entered into a Second Amendment to the Agreement ( "Second Amendment" ); and D. Owner and Manager now desire to amend the Agreement as hereinafter set forth. NOW, THEREFORE, for good and valuable consideration, the sufficiency of which is hereby acknowledged, the parties, intending to be legally bound, contract and agree as follows: 1. Notwithstanding Section 26, AGREEMENT NOT TO COMPETE, of the Agreement, the parties agree that Manager may operate the Ameriprise Conference Center located at One Oak Ridge Drive, Chaska, Minnesota. In exchange for Owner's approval to operate the Ameriprise Conference Center and for so long as Manager operates the Ameriprise Conference Center, Manager agrees to reduce the percentage of Total Sales represented by Net Product Cost by at least the following percentages ( "Percentage Reduction") compared to the 2011 calendar year -end Net Product Cost percentage: Year Percentage Reduction 2012 2% 2013 3% 2014 4% 2015, etc. By mutual agreement For purposes of this section, "Net Product Cost" means the food and beverage costs shown, for illustrative purposes, on the attached Sample P &L Statement, and labeled "NET PRODUCT COST ", and "Total Sales" means the total of all sales shown, for illustrative purposes, on the attached Sample P &L Statement, and labeled "TOTAL SALES ". 395576 CLL BR305 -2 i If Manager fails to so reduce the percentage of Total Sales represented by the Net Product Cost by at least the Percentage Reduction, Manager will pay Owner the difference between the actual Net Product.Cost for the calendar year and the Net Product Cost that would have achieved the Percentage Reduction. Any such payment owing will be reconciled and paid within thirty (30) days after the end of the relevant calendar year. The Percentage Reduction will be prorated for the final year if that year of operation of the Ameriprise Conference Center is less than a full year Example: The attached Sample P &L Statement shoos the Manager expense category breakdown for the operation. The Net Product Cost percentage (18.1 on the ,S'ample), tivhlch must be reduced by the Percentage Reduction, will be based on the 2011 final, calendar year -end Net Product Costpercentage. 2. Manager will pay Owner a goodwill signing bonus in the amount of Five Thousand Dollars ($5,000) ("Signing Bonus ") at the close of each of the calendar years 2012, 2013 and 2014, for so long as Manager operates the Ameriprise Conference Center (prorated for partial years). 3. All other terms and provisions of the Agreement, First and Second Amendments shall remain in full force and effect and shall remain unaffected by this Third Amendment. i IN WITNESS WHEREOF, Owner and Manager have duly executed this Third Amendment on the dates indicated below. i ECONOMIC DEVELOPMENT FLIK INTER TIONAL CORP AUTHORITY IN AND FOR THE CITY OF BROOKLYN CENTER By: By Cornelius Boganey is President Executive Director Dated: Dated: 1 1 t k 2 395576 CLL BR305 -2 W 1] m M 1� m r m m 10 17 I17 0 o Ol C 1n N 1� Il7 10 10 N N N N 117 r r m 0 M 4J ro 0 m O O O O N N N 0 O O M O N K N N N ol N N D O D 0 m O O O Q N N O 4 H N N M r O N O O N N M v' v M N N N N r O N N I(1 10 l0 u1 N N N m M N ro N N m N N M m m r r m u7 u7 [ m to N a D 0 0 r C 0 O O 6 N N N N 0 r n 0 N N N O N N N M M r r cr O r N a1 r r In 61 l() M r r 61 r r m m N l0 m N 6� r 67 m M--H- . 0 N N M N N N m m m N m M M I!) 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