HomeMy WebLinkAbout2012-008 EDAR Commissioner Kay Lasman introduced the following resolution and moved
its adoption:
EDA RESOLUTION NO. 2012-08
RESOLUTION AUTHORIZING THE SUBMISSION _OF A GRANT
APPLICATION TO THE METROPOLITAN COUNCIL FOR THE TAX BASE
REVITALIZATION ACCOUNT(LIFETIME FITNESS SITE)
WHEREAS, the City of Brooklyn Center is a participant in the Livable
Communities Acts Local Housing Incentives Account Program for 2010 as determined by the
Metropolitan Council, and is therefore eligible to make application for funds under the Tax Base
Revitalization Account; and
WHEREAS, Real Estate Recycling has entered into a purchase agreement to acquire
the Lifetime Fitness Site,former Northwest Racquet Club,located at 4001 Lake Breeze Avenue(the
Site) and has made application for the industrial redevelopment of this property and an adjoining
1.27 acre parcel of excess right of way; and
WHEREAS, the environment investigation and soil testing of these properties have
discovered the presence of 2' to 12' of contaminated soils across the site, including milled asphalt
coated with an asbestos paint; and
WHEREAS, the environmental investigation and development of a development
response action plan for the redevelopment of this 7.39 acre site and adjoining 1.27 acre parcel of
excess right of way meets the Tax Base Revitalization Account's purpose and criteria; and
WHEREAS, the Economic Development Authority of Brooklyn Center,Minnesota
(EDA)has the institutional,managerial and financial capability to insure adequate project and grant
administration; and
WHEREAS, the EDA certifies that it will comply with all applicable laws and
regulations as stated in the contract grant agreements; and
WHEREAS, the EDA finds that the required contamination investigation and
cleanup will not occur through private or other public investment within the reasonable foreseeable
future without Tax Base Revitalization Account grant funding; and
WHEREAS, the EDA represents that it has undertaken reasonable and good faith
efforts to procure funding for the activities for which Livable Communities Act Tax Base
Revitalization Account funding is sought but was not able to find or secure from other sources
funding that is necessary for cleanup completion and states that this representation is based on the
following reasons and supporting facts:
EDA RESOLUTION NO. 2012-08
• No local funds are available to fund the proposed investigation and/or cleanup activities,
including General Fund and Special Revenue Funds of the City and/or EDA.
• Proposed cleanup activities at the Site do not qualify for Minnesota Petrofund funding.
• The Site is not located within an existing Tax Increment District.
NOW THEREFORE BE IT RESOLVED by the Economic Development Authority of
Brooklyn Center, Minnesota that it acknowledges it will be the grantee and agrees to act as legal
sponsor administer and be responsible for grant funds expended for the project contained in the Tax
Base Revitalization ant application submitted on May 1, 2012.
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BE IT FURTHER RESOLVED that the EDA Executive Director is hereby authorized
to apply to the Metropolitan Council for this funding on behalf of the Economic Development
Authority for Brooklyn Center, Minnesota and to execute such agreements as are necessary to
implement the Project on behalf of the applicant.
Al2ril 23, 2012 p
Date President
The motion for the adoption of the foregoing resolution was duly seconded by Commissioner
Lin Myszkowski
and upon vote being taken thereon, the following voted in favor thereof:
Tim Willson, Carol Kleven, Kay Lasman, Lin Myszkowski, and Dan Ryan;
and the following voted against the same: none;
whereupon said resolution was declared duly passed and adopted.