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HomeMy WebLinkAbout2015 03-23 EDAM Regular Session 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 MARCH 23, 2015 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 8:11 p.m. 2. ROLL CALL President Tim Willson and Commissioners April Graves, Kris Lawrence-Anderson, Lin Myszkowski, and Dan Ryan. Also present were Executive Director Curt Boganey, Director of Business and Development Gary Eitel, Recreation and Services Jim Glasoe, Assistant City Manager/Director of Building and Community Standards Vickie Schleuning, City Attorney Troy Gilchrist, and Carla Wirth, TimeSaver Off Site Secretarial, Inc. Also present were Youth in Government Day participants Mayor Feyisayo Ayobamidele, Park Center High School; and Councilmembers Andrew Osagiede, Brooklyn Center High School; Fiona Greathouse, Osseo High School; Sade Berrouet,Northview Junior High School;and Naitu Haskins,Northview Junior High School. 3. APPROVAL OF AGENDA AND CONSENT AGENDA Commissioner Graves moved and Commissioner Myszkowski seconded approval of the Agenda and Consent Agenda, and the following item was approved: 3a. APPROVAL OF MINUTES I. March 9, 2015—Regular Session Motion passed unanimously. 4. COMMISSION CONSIDERATION ITEMS 4a. RESOLUTION NO. 2015-06 APPROVING A LETTER OF INTENT TO PURCHASE WITH SCA PROPERTIES, LLC REGARDING 6121 BROOKLYN BOULEVARD, 6107 BROOKLYN BOULEVARD, AND 6101 BROOKLYN BOULEVARD 03/23/15 -1- Director of Business and Development Gary Eitel introduced the item, discussed the history, and stated the purpose of the proposed resolution to sell property to SCA Properties, LLC for the development of senior housing. He displayed slides depicting the subject properties and advised of the Letter of Intent terms. Mr. Eitel introduced Andy Aulde of SCA Properties, LLC. Commissioner Ran stated he is leased with this concept and architectural drawing, which will Y p p g, create an outstanding project and great asset on Brooklyn Boulevard. He asked about the availability of housing credits to close the funding gap. Mr. Eitel explained the criteria used by the Metropolitan Council for consideration of concentrated areas of poverty and Qualified Census Tract (QCT) housing projects. He indicated the question staff will pursue is whether there can be similar consideration for this Brooklyn Center project to address the funding gap. He stated staff is committed to finding a way to bridge the $2 million gap without the loss of project enhancements. Mr. Eitel indicated the EDA is in a great position to be a strong partner in the redevelopment of this corridor. Commissioner Graves asked about the cost of staying at this property and if actions by the EDA will increase that cost. Mr. Eitel explained that if the project moves forward nothing the City does will affect this low-income affordable housing project that will operate under those rules. President Willson stated his goal is to retire in Brooklyn Center so he is excited to see this type of project come to Brooklyn Center. In addition, the City Council has received comments from its residents about the need for such a senior housing option. Commissioner M szkowski moved Commissionerand Ryan seconded to adopt RESOLUTION NO. 2015-06 Approving a Letter of Intent to Purchase with SCA Properties, LLC Regarding 6121 Brooklyn Boulevard, 6107 Brooklyn Boulevard, and 6101 Brooklyn Boulevard. Motion passed unanimously. 5. ADJOURNMENT Commissioner Myszkowski moved and Commissioner Ryan seconded adjournment of the Economic Development Authority meeting at 8:30 p.m. Motion passed unanimously. 03/23/15 -2- 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 March 23, 2015. 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 26, 2015, Regular Session. ecretary President 03/23/15 -3-