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HomeMy WebLinkAbout2017 07-24 EDAM Regular SessionMINUTES OF THE PROCEEDINGS OF THE ECONOMIC DEVELOPMENT AUTHORITY OF THE CITY OF BROOKLYN CENTER IN THE COUNTY OF HENEPIN AND THE STATE OF MINNESOTA REGULAR SESSION JULY 24, 2017 CITY HALL - COUNCIL CHAMBERS I.. 1U:LSXI]U]1Ui The Brooklyn Center Economic Development Authority (EDA) met in Regular Session called to order by President Tim Willson at 7:50 p.m. P. President Tim Willson and Commissioners Marquita Butler, April Graves, Kris Lawrence- Anderson, and Dan Ryan. Also present were Executive Director Curt Boganey, Deputy City Manager Reggie Edwards, Director of Business and Development Gary Eitel, Deputy Director of Building and Community Standards Jesse Anderson, City Attorney Troy Gilchrist, and Carla Wirth, TimeSaver Off Site Secretarial, Inc. iJ J'SA'L Si OIiIi7VI ZSiII MI )7 Commissioner Ryan moved and Commissioner Graves seconded to approve the Agenda and Consent Agenda, and the following item was approved: 3a. APPROVAL OF MINUTES 1. July 10, 2017 - Regular Session Motion passed unanimously. ESA'1I II1 ir CERT A IN Director of Business and Development Gary Eitel introduced the item, discussed the history, and stated the purpose of the proposed resolution to cite EDA findings and determination that conveyance of the property to the buyer is in the public interest and will further the objectives of its general plan of economic development because it will increase the tax base in the City and serve as an impetus for further development. Notice was published in the official newspaper on July 13, 2017. Mr. Eitel described the project and displayed a graphic illustration of the proposed project, noting the Regal Theater site is located within Tax Increment Financing 07/24/17 -1- District No. 3, which is scheduled to expire in 2021. The current assessed valuation of the Regal Theater and its northern parking area is approximately $7.2 million. The construction of the Topgolf facility is projected to exceed $20 million and provide 450 to 500 jobs. Commissioner Ryan moved and Commissioner Graves seconded to open the hearing. Motion passed unanimously. No one appeared to speak. Commissioner Lawrence-Anderson moved and Commissioner Butler seconded to close the hearing. Motion passed unanimously. Commissioner Graves moved and Commissioner Ryan seconded to adopt RESOLUTION NO. 2017-108 Approving Conveyance of Certain Property Located at 6630 Camden Avenue North. President Willson stated he is glad to see this new business coming, which is a destination facility, and that parking for Metro Transit will remain. Motion passed unanimously. Relay for Life Commissioner Ryan asked for a point of privilege to suspend the rules and allow a resident to make a brief announcement. President Willson agreed. Diane Sannes, resident, announced the Relay for Life that will be held on Friday at the Brooklyn Center High School and urged all to attend. Commissioner Ryan stated he and his wife, who is a cancer survivor, are both active with the Relay for Life. He also urged all to attend this great and inspiring event. .' PJD1uJ1hU1I Commissioner Ryan moved and Commissioner Graves seconded adjournment of the Economic Development Authority meeting at 8:02 p.m. Motion passed unanimously. 07/24/17 -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: 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 July 24, 2017. 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 August 14, 2017, Regular Session. (*M tetar y President 07/24/17 -3-