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HomeMy WebLinkAbout2014 04-28 EDAM Regular SessionMINUTES 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 APRIL 28, 2014 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 7:38 p.m. 2. ROLL CALL President Tim Willson and Commissioners Carol Kleven, Kris Lawrence -Anderson, Lin Myszkowski, and Dan Ryan. Also present were Executive Director Curt Boganey, Finance Director Nate Reinhardt, Public Works Director/City Engineer Steve Lillehaug, Director of Business and Development Gary Eitel, Planning and Zoning Specialist Tim Benetti, City Attorney Charlie LeFevere, and Mary Mullen, TimeSaver Off Site Secretarial, Inc. 3. APPROVAL OF AGENDA AND CONSENT AGENDA Commissioner Ryan moved and Commissioner Myszkowski seconded approval of the Agenda and Consent Agenda, as amended, with amendments to the March 24, 2014, EDA Regular Session minutes, and the following item was approved: 3a. APPROVAL OF MINUTES 1. March 24, 2014 — Regular Session Motion passed unanimously. 4. COMMISSION CONSIDERATION ITEMS 4a. CONSIDERATION OF APPROVAL OF GRANT APPLICATIONS FOR CONTAMINATION CLEANUP OF THE FORMER HOWE CHEMICAL SITE LOCATED AT 4821 XERXES AVENUE NORTH IN BROOKLYN CENTER Director of Business and Development Gary Eitel introduced the item, discussed the history, and stated the purpose of the proposed grant applications. 04/28/14 4- Mr. Eitel stated the perimeter and depth of contaminated soils on the site was identified and a mitigation plan was submitted to the USDA following their prescribed method. He added the site should be cleaned and ready for occupancy by October 2014. Commissioner Ryan thanked Mr. Eitel for his report. 1. RESOLUTION NO. 2014-05 AUTHORIZING THE ECONOMIC DEVELOPMENT AUTHORITY . OF BROOKLYN CENTER, MINNESOTA TO APPLY FOR A CONTAMINATION CLEANUP GRANT FROM THE MINNESOTA DEPARTMENT OF EMPLOYMENT AND ECONOMIC DEVELOPMENT Commissioner Myszkowski moved and Commissioner Ryan seconded to adopt RESOLUTION NO. 2014-05, Authorizing the Economic Development Authority of Brooklyn Center, Minnesota to apply for a Contamination Cleanup Grant from the Minnesota Department of Employment and Economic Development. Motion passed unanimously. 2. RESOLUTION NO. 2014-06 AUTHORIZING THE SUBMISSION OF A GRANT APPLICATION TO THE METROPOLITAN COUNCIL FOR THE TAX BASE REVITALIZATION ACCOUNT Commissioner Ryan moved and Commissioner Myszkowski seconded to adopt RESOLUTION NO. 2014-06, Authorizing the Submission of a Grant Application to the Metropolitan Council for the Tax Base Revitalization Account. Motion passed unanimously. 3. RESOLUTION NO. 2014-07 APPROVING AN APPLICATIION FOR A HENNEPIN COUNTY ENVIRONMENTAL FINANCIAL GRANT Commissioner Ryan moved and Commissioner Myszkowski seconded to adopt RESOLUTION NO. 2014-07, approving an Application for a Hennepin County Environmental Financial Grant. Motion passed unanimously. 4b. RESOLUTION NO. 2014-08, AUTHORIZING THE EXECUTION OF A LETTER OF INTENT AND EXCLUSIVE NEGOTIATING AGREEMENT WITH RIDGECREST INVESTORS, LLC FOR THE COMMERCIAL DEVELOPMENT OF LOT 1, BLOCK 1, NORTHBROOK CENTER 2ND ADDITION (TOLD DEVELOPMENT — 57TH AND LOGAN) Mr. Eitel gave a brief overview of the potential commercial development of a neighborhood retail center, comparable to The Shops at Wedgewood in Maple Grove. He stated the purpose of 04/28/14 -2- the Letter of Intent and related negotiating agreement is to find a suitable tenant, and to provide a schedule timeline for the proposed development. Commissioner Ryan moved and Commissioner Myszkowski seconded to adopt RESOLUTION NO. 2014-08, Authorizing the Execution of a Letter of Intent and Exclusive Negotiating Agreement With Ridgecrest Investors, LLC, for the Commercial Development of Lot 1, Block 1, Northbrook Center 2nd Addition (Told Development — 57th and Logan). Motion passed unanimously. 5. PUBLIC HEARINGS 5a. MINNESOTA INVESTMENT FUND (MIF) GRANT AUTHORIZATION Mr. Boganey introduced the item, discussed the history, and stated the purpose of the MIF grant application. He invited Planning and Zoning Specialist Tim Benetti to address the EDA. Mr. Benetti gave an overview of a grant application on behalf of Sign Zone, Inc., who wishes to consolidate their business at Palmer Lake Plaza. He stated the funding can be used for improvements, modifications, and preparation of the facilities for occupation. Commissioner Ryan thanked Mr. Benetti for his presentation. He asked whether the MIF grant funding comes to the City at no risk for obligation. Mr. Benetti confirmed this. Commissioner Myszkowski expressed her appreciation of Sign Zone, Inc., and their relocation to Brooklyn Center. Mr. Benetti stated that Sign Zone, Inc. continues to work diligently to find suitable alternative business locations for the current tenants of Palmer Lake Plaza. He added they intend to occupy the entire facility. Commissioner Ryan moved and Commissioner Myszkowski seconded to open the public hearing. Motion passed unanimously. There were no comments. Commissioner Kleven moved and Commissioner Ryan seconded to close the public hearing. Motion passed unanimously. 1. RESOLUTION NO. 2014-09 AUTHORIZING THE CITY OF BROOKLYN CENTER'S ECONOMIC DEVELOPMENT AUTHORITY TO SUBMIT A BUSINESS AND COMMUNITY DEVELOPMENT APPLICATION TO THE MINNESOTA DEPARTMENT OF EMPLOYMENT AND 04/28/14 -3- ECONOMIC DEVELOPMENT FOR A MINNESOTA INVESTMENT FUND (MIF) GRANT FOR THE BENEFIT OF PALMER LAKE BC, LLC (SIGN ZONE, INC.) AND THE PALMER LAKE PLAZA PROPERTY LOCATED AT 6850 SHINGLE CREEK PARKWAY Commissioner Myszkowski moved and Commissioner Ryan seconded to adopt RESOLUTION NO. 2014-09 Authorizing the City of Brooklyn Center's Economic Development Authority to Submit a Business and Community Development Application to the Minnesota Department of Employment and Economic Development for a Minnesota Investment Fund (MIF) Grant for the Benefit of Palmer Lake BC, LLC (Sign Zone, Inc.) and the Palmer Lake Plaza Property Located at 6850 Shingle Creek Parkway. Motion passed unanimously. 6. ADJOURNMENT Commissioner Ryan moved and Commissioner Myszkowski seconded adjournment of the Economic Development Authority meeting at 8:06 p.m. 04/28/14 -4- 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 Development Authority (EDA) of the City of Brooklyn Center held on April 28, 2014. 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 May 12, 2014, Regular Session. Se retary 04/28/14 -5- President