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HomeMy WebLinkAbout2012-016 EDAR Commissioner Kay Lasman introduced the following resolution and moved its adoption: EDA RESOLUTION NO. 2012-16 RESOLUTION AUTHORIZING 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 Lakebreeze Avenue(the Site) and in their initial soil testing and environmental investigation have discovered chemicals which exceed the MPCA standards established for the cleanup of the former Joslyn site which lies north; and WHEREAS, the environmental investigation and development of a development response action plan for the redevelopment of this 7.9 acre site 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 g P Y 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. 2012-16 • 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 Petrof ind 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 grant application submitted on November 1, 2012; and 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. 2 October 8 2012 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.