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HomeMy WebLinkAbout2012 06-11 CCM Work SessionMINUTES OF THE PROCEEDINGS OF THE CITY COUNCIL/ECONOMIC DEVELOPMENT AUTHORITY OF THE CITY OF BROOKLYN CENTER IN THE COUNTY OF HENNEPIN AND THE STATE OF MINNESOTA WORK SESSION JUNE 11, 2012 CITY HALL COUNCIL CHAMBERS CALL TO ORDER The Brooklyn Center City Council/Economic Development Authority (EDA) met in Work Session called to order by Mayor/President Tim Willson at 8:18 p.m. ROLL CALL Mayor/President Tim Willson and Councilmembers/Commissioners Carol Kleven, Kay Lasman, Lin Myszkowski, and Dan Ryan. Also present were City Manager Curt Boganey, Director of Business and Development Gary Eitel, and Carla Wirth, TimeSaver Off Site Secretarial, Inc. UPDATE ON SHINGLE CREEK CROSSING PHASE I AND II DEVELOPMENT ACTIVITIES AND IMPROVEMENTS Director of Business and Development Gary Eitel introduced the topic and presented slides of the former Brookdale Mall; Shingle Creek Crossing Master Plan adopted May 23, 2011; the first PUD amendment approved September 12, 2011, that addressed mall separation from the Sears building; reconfiguration of the interior mall, elimination of the building next to Sears, and th creation of a commercial pad and parking in the southeast quadrant of the 56 Avenue and Xerxes entrance. Mr. Eitel advised of an opportunity to enhance Shingle Creek by extending daylighting and incorporating a water feature and restaurant pad sites and to enhance the separation of Sears and the mall to create a four-sided building front that is 60 feet apart. Mr. Eitel indicated the current PUD does not include colleges and business schools as acceptable uses within the confines of Shingle Creek Crossing. However, a group is viewing the site tomorrow for a University site. He explained the Planning Commission will address Phase II green spaces at its June 28 meeting and PUD amendments and the preliminary plat at its July 12 meeting. Mr. Eitel presented the projected cash flow and bond repayment schedule for TIF No. 5 that included a projected revenue stream from 2011 through 2028 and created a pay-as-you-go note, inter-fund loan repayment, other in-district expenditures, out-of-district expenditures (10% pooling), and 10% administrative expenses. Mr. Eitel asked if the City Council supports proceeding with an amendment to the Tax Increment Agreement for Shingle Creek Crossing that would facilitate further enhancements to the daylighting of Shingle Creek within the Shingle Creek Crossing development and enhancements 06/11/12 -1- associated with the separation of the Sears building from the remaining portion of the mall and internal streetscaping. If approved, unallocated funds would be used. The City Council/EDA discussed its support to move forward with both enhancement opportunities. Mr. Eitel answered questions relating to the Sears automobile building at the entry th of 55 Avenue and agreed it was tremendously underutilized and there was opportunity for enhancement. He explained there has been indication Best Buy is interested in downsizing, possibly to 8,000 to 10,000 sq. ft. The City Council/EDA emphasized the importance of assuring adequate security at Shingle Creek Crossing efforts to address loitering and truancy and stated he has relayed the importance of reinforcing those issues with Mr. Gatlin. With regard to safety of bus transportation, Mr. Boganey with Metro Transit executives and indicated staff will continue to push that issue. The City Council/EDA stated its support to consider a CUP amendment for a public college option. There was discussion on the Sears building. Mr. Eitel advised that Mr. Gatlin is paying for a new Sears entry, resurfaced parking lot, and building separation. However, there has been no indication that Sears is positioning itself for staying long term. The consensus of the City Council/EDA was to support proceeding with an amendment to the Tax Increment Agreement for Shingle Creek Crossing that would facilitate further enhancements to the daylighting of Shingle Creek within the Shingle Creek Crossing development and enhancements associated with the separation of the Sears building from the remaining portion of the mall and internal streetscaping. ADJOURNMENT Councilmember/Commissioner Lasman moved and Councilmember/Commissioner Ryan seconded adjournment of the City Council/Economic Development Authority Work Session at 9:04 p.m. Motion passed unanimously. 06/11/12 -2-