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HomeMy WebLinkAbout2016 11-28 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 NOVEMBER 28, 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 9:11 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, Interim Assistant to City Manager Reggie Edwards, Director of Business and Development Gary Eitel, 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. November 14, 2016—Regular Session Motion passed unanimously. 4. COMMISSION CONSIDERATION ITEMS 4a. RESOLUTION NO. 2016-25 AUTHORIZING THE PREPAYMENT OF THE AMENDED AND RESTATED TAX INCREMENT REVENUE NOTE (SHINGLE CREEK CROSSING) AND A PORTION OF THE EDA'S INTERNAL LOAN FROM THE TIF DISTRICT NO. 2 ACCOUNT Mr. Boganey provided background on this item and noted this is a housekeeping item. Commissioner Graves moved and Commissioner Myszkowski seconded to adopt RESOLUTION NO. 2016-25 Authorizing the Prepayment of the Amended and Restated Tax 11/28/16 -1- Increment Revenue Note (Shingle Creek Crossing Project) and a portion of the EDA's Internal Loan from the TIF District No. 2 Account. Motion passed unanimously. 5. ADJOURNMENT Commissioner Ryan moved and Commissioner Graves seconded adjournment of the Economic Development Authority meeting at 9:13 p.m. Motion passed unanimously. 11/28/16 -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 November 28, 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 December 12, 2016, Regular Session. Secretarr - President 11/28/16 -3-