HomeMy WebLinkAbout2016 05-23 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
MAY 23, 2016
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 7:49 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, Interim
Assistant to the City Manager Reggie Edwards, Director of Business and Development Gary
Eitel, Planning and Zoning Specialist Tim Benetti, Deputy Director of Building and Community
Standards Jesse Anderson, City Attorney Troy Gilchrist, and Michaela Kujawa-Daniels,
TimeSaver Off Site Secretarial, Inc.
3.APPROVAL OF AGENDA AND CONSENT AGENDA
Commissioner Ryan moved and Commissioner Lawrence-Anderson seconded to approve the
Agenda and Consent Agenda, and the following item was approved:
3a. APPROVAL OF MINUTES
1. May 9, 2016 - Regular Session
Motion passed unanimously.
4.COMMISSION CONSIDERATION ITEMS
4a. RESOLUTION NO. 2016-14 APPROVING A CONTRACT FOR PRIVATE
DEVELOPMENT (BROOKLYN CENTER HOTEL GROUP, LLC,
EMBASSY SUITES PHASE II)
Director of Business and Development Gary Eitel introduced the item, discussed the history, and
stated the purpose of the proposed resolution approving a contract for private development
(Brooklyn Center Hotel Group, LLC, Embassy Suites Phase II).
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President Willson asked if there is an estimated value of the property upon completion. Mr. Eitel
replied the value will be approximately $5.6 million dollars. He also noted the value will most
likely increase as hospitality fees are generated.
Commissioner Ryan asked when they intend to be up and running. Mr. Eitel stated they want to
open in 2017 and plan to be fully established by the time the 2018 Super Bowl is hosted here in
Minnesota. Commissioner Ryan stated the hotel will be a great addition to the City as well as
noted how ideal the location is being so close to the Earle Brown Heritage Center. President
Willson stated he read that 1 million people are expected to be attending the 2018 Super Bowl in
Minnesota, so he expects the hotel would want to be fully operational by that date.
Mr. Eitel invited John Sheehan, representing the developer, Brooklyn Center Hotel Group, LLC,
to say a few words and answer questions of the Commissioners.
Mr. Sheehan stated they have wanted to complete a project like this for several years and the
recession in 2008 put a damper on their plans. He stated right now is the right time and they have
the right place. He noted having the most powerful hotel chains, Marriott and Hilton partnered
on this project, indicates it will be very successful. He commented on the question President
Willson previously asked regarding the estimated value of the property, stating hotel values are
strange due to the updates they undergo every few years, so the value is constantly changing. He
noted this hotel will cost approximately $9 million dollars to build. He also noted they built a
hotel almost identical to the one they are starting in Brooklyn Center last year in Rochester. He
invited them to stop by and see it if they are interested in the outcome.
Commissioner Graves asked how many possible jobs the hotel may create. Mr. Sheehan stated at
approximately 70% occupancy rate they would expect to have about 12 - 15 jobs being created
for the hotel. He noted this number will fluctuate based on the amount of business being
generated at the hotel ultimately.
Commissioner Ryan moved and Commissioner Graves seconded to adopt RESOLUTION NO.
2016-14 Approving a Contract for Private Development (Brooklyn Center Hotel Group, LLC,
Embassy Suites Phase II).
Motion passed unanimously.
5. ADJOURNMENT
Commissioner Lawrence-Anderson moved and Commissioner Graves seconded adjournment of
the Economic Development Authority meeting at 8:12 p.m.
Motion passed unanimously.
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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 May 23, 2016.
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 June 13,
2016, Regular Session.
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STATE OF MINNESOTA)
COUNTY OF HENNEPIN) ss. Certification of Minutes
CITY OF BROOKLYN CENTER)
The undersigned, being the duly qualified and appointed City Clerk of the City of Brooklyn
Center, Minnesota, certifies:
1.That attached hereto is a full, true, and complete transcript of the minutes of a Work
Session of the City Council of the City of Brooklyn Center held on May 23, 2016
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 City Council adopted said minutes at its June 13, 2016, Regular Session.
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City Clerk
Mayor
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