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HomeMy WebLinkAbout2015 09-14 EDAPEDA MEETING City of Brooklyn Center September 14, 2015 AGENDA 1.Call to Order —The EDA requests that attendees turn off cell phones and pagers during the meeting. A copy of the full City Council packet, including EDA (Economic Development Authority), is available to the public. The packet ring binder is located at the front of the Council Chambers by the Secretary. 2.Roll Call 3.Approval of Agenda and Consent Agenda —The following items are considered to be routine by the Economic Development Authority (EDA) and will be enacted by one motion. There will be no separate discussion of these items unless a Commissioner so requests, in which event the item will be removed from the consent agenda and considered at the end of Commission Consideration Items. a. Approval of Minutes l.. August 24, 2015 —Regular Session 4.Commission Consideration Items a. Resolution Calling for a Public Hearing Regarding Sale of Land Located at 5649 Brooklyn Boulevard Requested Commission Action: —Motion to adopt resolution. 5. Adjournment EDA Agenda Item No. 3a 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 AUGUST 24, 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 7:58 p.m. 2.ROLL CALL President Tim Willson and Commissioners April Graves, Kris Lawrence-Anderson, and Dan Ryan. Commissioner Lin Myszkowski was absent and excused. Also present were Executive Director Curt Boganey, Director of Business and Development Gary Eitel, Assistant City Manager/Director of Building and Community Standards Vickie Schleuning, City Attorney Troy Gilchrist, and Denise Bosch, TimeSaver Off Site Secretarial, Inc. 3.APPROVAL OF AGENDA AND CONSENT AGENDA Commissioner Lawrence-Anderson moved and Commissioner Graves seconded to approve the Agenda and Consent Agenda, and the following item was approved: 3a. APPROVAL OF MINUTES 1. August 10, 2015 —Regular Session Motion passed unanimously. 4.COMMISSION CONSIDERATION ITEMS 4a. RESOLUTION NO. 2015-18 APPROVING TRANSFER AND CONVEYANCE OF A PARCEL OF PROPERTY TO THE CITY OF BROOKLYN CENTER FOR USE IN A LAND EXCHANGE FOR A PUBLIC TRAIL (340153RD AVENUE N) On August 10, 2015, the EDA called for a Public Hearing to be held August 24, 2015; notice was published in the official newspaper on August 13, 2015. Assistant City Manager/Director of Building and Community Standards Vickie Schleuning provided background information on the property and trail, process overview, land exchange 08/24/15 -1- DRAFT agreement status, a map and picture of the property, a map of the proposed trail location, a photo of proposed land exchange, and recommendation of the proposed resolution. Commissioner Ryan questioned ifthe land exchange would provide the City with use of the unused green space going forward. Ms. Schleuning replied that the City will own the property. Mr. Boganey stated that originally, there was consideration of an easement, but the LLC partners decided to sell instead. President Willson asked if there would be any issue with maintaining the property. Mr. Boganey replied that the City does not anticipate any issues and will be required to maintain the property in cooperation with Three Rivers Park District. Commissioner Ryan moved and Commissioner Graves seconded to open the Public Hearing. No one wished to address the EDA. Commissioner Ryan moved and Commissioner Lawrence-Anderson seconded to close the Public Hearing. Commissioner Graves moved and Commissioner Lawrence-Anderson seconded to adopt RESOLUTION NO. 2015-18 Approving Transfer and Conveyance of a Parcel of Property to the City of Brooklyn Center for Use in a Land Exchange for a Public Trail (3401 53rd Avenue N). Motion passed unanimously. 5. ADJOURNMENT Commissioner Ryan moved and Commissioner Graves seconded adjournment of the Economic Development Authority meeting at 8:10 p.m. Motion passed unanimously. 08/24/15 -2- DRAFT EPA Agenda Item No. 4a ]EDA iTEM MEMORANDUM DATE: September 14, 2015 TO: Curt Boganey, City Manager FROM: Gary Eitel, Director of Business & Development SUBJECT: Resolution Calling for a Public Hearing Regarding Sale of Land Located at 5649 Brooklyn Boulevard. Recommendation: It is recommended that the Economic Development Authority consider approval/adoption of the Resolution Calling for a Public Hearing Regarding Sale of Land Located at 5649 Brooklyn Boulevard. Background: On May 23, 2011, the EDA adopted Resolution No. 2011-12, A Resolution Confirming the Acquisition of Property in Connection with the Remove and Rebuild Program (5649 Brooklyn Boulevard) The EDA's acquired this foreclosed property from the Federal Home Loan Mortgage Corporation, Freddie Mac, for the amount of $34,900 which included the following levied assessments paid by the seller: $4,019.40 2010 Street and Drainage Improvements $1,017.3 2009 Tree Removal The City's housing consultant, Greater Metropolitan Housing Corporation (GMHC) coordinated/contracted the demolition of this residence during the winter/spring of 2011-12. Proposed Sales of 5649 Brooklyn Boulevard: The property is an interior lot with 80 feet of frontage on the Brooklyn Boulevard frontage road and a lot depth of 120 feet. Attached is an aerial photograph, identifying the 2015 assessed valuations of the adjacent properties ($113,700 to the north, $ 101.200 to the south, and $125,900 to the west). Note: The property to the north, 5655 Brooklyn Boulevard, was also a foreclosed property that was acquired by ALK Proprietors LLC. in May of 2015 for $98,000 and is being remodeled. Novak-Fleck, Inc., an experienced residential builder with infill development, has previously purchased 5 lots from the EDA and has built homes in the $200,000 price range on the following properties: 5400 Bryant, 5800 Bryant, 5331 Morgan, 5338 Logan and 5905 Camden. }tiission: Eizsii;iizg an attractive, clean, safe, inclusive con,nzziiiit' that enhances the quality of life for al/people ai,dpiesen'es tliepiib/ic tills! The proposed purchase price for this lot is $25,000 and does not involve a real estate fee by the EDA. The attached construction plans are similar to the home recently built at 5331 Morgan Avenue North and provides for a 5 bedroom home (split entry style) having a total square footage of 2,172 sf. with a 3 car attached garage. 1058 sf. on the main floor (3 bedrooms, bath, living room, dining room, kitchen, with options for a deck off of the dining area) 108 sf. foyer with stairway to lower level o 1008 sf. on the lower lookout level (identified as future 2 bedrooms, bath, family room and mechanical room) The attached resolution authorizes the setting of a public hearing for the October 12, 2015 EDA Meeting to consider the sale of this property. Budget Issues: The proceeds from this land sale are considered Tax Increment Revenues and will be placed back into the TIF 3 Housing Fund. Strategic Priorities: Targeted Redevelopment Mission: Eiiswing an attractive, clean, safe, inclusive community that enhances the quality of life for al/people and preserves the public trust Commissioner introduced the following resolution and moved its adoption: EDA RESOLUTION NO. 2015 - RESOLUTION CALLING FOR A PUBLIC HEARING REGARDING SALE OF LAND LOCATED AT 5649 BROOKLYN BOULEVARD. BE IT RESOLVED by the Board of Commissioners (the "Board") of the Economic Development Authority of Brooklyn Center, Minnesota (the "EDA"), as follows: Section 1. Public Hearing. This Board shall meet on October 12, 2015, at approximately 7:00 P.M., to hold a public hearing on the proposal of the EDA on the sale of land located in the City at 5649 Brooklyn Boulevard, pursuant to Minnesota Statutes, Section 469.105. Section 2. Notice of Public Hearing, Filing of Plans. FDA and consultants are directed and authorized to prepare the necessary documents and the EDA Secretary is authorized and directed to cause notice of the hearing in substantially the form attached as Exhibit A hereto, to be published at least once in the official newspaper of the City not less than 10, nor more than 20, days prior to October 12, 2015. September 14, 2015 Date President The motion for the adoption of the foregoing resolution was duly seconded by Commissioner and upon vote being taken thereon, the following voted in favor thereof: and the following voted against the same: whereupon said resolution was declared duly passed and adopted. NOTICE OF PUBLIC HEARING REGARDING LAND SALE NOTICE IS HEREBY GIVEN that the Board of Commissioners of the Economic Development Authority of Brooklyn Center, Minnesota (the "EDA") will meet at City Hall at 6301 Shingle Creek Pkwy, Brooklyn Center, Minnesota (the "City") at Or after 7:00 p.m. on Monday, October 12, 2015 to conduct a public hearing on the proposed sale of certain real property ('Property") located in the City to Novak-Fleck Incorporated. The Property is located in the City at 5649 Brooklyn Boulevard and legally described as: Lot 5, Block 7, "Pearson's Northport Addition", according to the recorded plat thereof, Hennepin County, Minnesota. [Torrens] The EDA will meet at the public hearing to determine if the sale is advisable. A copy of the terms and conditions of the proposed sale of the Property will be on file and available for inspection at City Hall during regular business hours. Any person wishing to express an opinion on the matters to be considered at the public hearing will be heard orally or in writing. BY ORDER OF THE BOARD OF COMMISSIONERS Publish: .2015 467158v1 CBRBR305-100 fL ITV} ( E ii *-jW Ql IAN1 ___ Ap I 11, IjJ L I ) o jo 0 'V - aL g RI Sale of City-Owned Land - 5649 Brooklyn Boulevard EDA Meeting September 14, 2015 EDA Item No. 4.a Introduction On May 23, 2011, the EDA adopted Resolution No. 2011 -12, a Resolution Confirming the Acquisition of 5649 Brooklyn Boulevard in Connection with the Remove and Rebuild Program EDA acquired this foreclosed property from the Federal Home Loan Mortgage Corporation (Freddie Mac) for the amount of $34,900, which included the following levied assessments paid by the seller: •$ 4,019.40 -- 2010 Street and Drainage Improvements •$ 1,017.30 -- 2009 Tree Removal City’s housing consultant, Greater Metropolitan Housing Corporation (GMHC) coordinated/contracted the demolition of this residence during the winter/spring of 2011-12. Location Map Market Value of Surrounding Properties $113 ,700 to the north $101.200 to the south $125,900 to the west The Remove and Rebuild Program is funded through the Housing Fund of Tax Increment District #3. The resale of property acquired with these funds does have to meet the following affordable income qualifications: •a family of one or two cannot exceed the average household median income for the Metropolitan Area (2015 - $86,400) and •a family of 3 or more cannot exceed 115 % of the Metropolitan Average Household Income (2015 - $99,360) Sale of 5649 Brooklyn Boulevard Proposed purchase price is $25,000 (no real estate fee by the EDA). Subject property is an interior lot with 80-ft. of frontage on Brooklyn Boulevard frontage road; and a lot depth of 120-ft. 5655 Brooklyn Boulevard (north of site) was also foreclosed property that was acquired by ALK Proprietors LLC in May 2015 for $98,000 and is being remodeled. Novak-Fleck, Inc., an experienced residential builder with infill development, has previously purchased 5 lots from the EDA and has built homes in the $200,000 price range on the following properties: 5400 Bryant, 5800 Bryant, 5331 Morgan, 5338 Logan and 5905 Camden. 5 bedroom home (split entry style) 2,172 sf. with 3 car attached garage. Recommendation Recommend the Economic Development Authority consider approval/adoption of the Resolution Calling for a Public Hearing on October 12, 2015 Regarding Sale of Land Located At 5649 Brooklyn Boulevard QUESTIONS?