HomeMy WebLinkAbout2017 12-11 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
DECEMBER 11, 2017
CITY HALL - COUNCIL CHAMBERS
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The Brooklyn Center Economic Development Authority (EDA) met in Regular Session called to
order by President Tim Willson at 9:35 p.m.
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President Tim Willson and Commissioners Marquita Butler, Kris Lawrence-Anderson, and Dan
Ryan. Commissioner April Graves was absent and excused. Also present were Executive
Director Curt Boganey, Deputy City Manager Reggie Edwards, Director of Business and
Development Gary Eitel, Interim Community Development Director Michael Ericson, City
Attorney Troy Gilchrist, and Carla Wirth, TimeSaver Off Site Secretarial, Inc.
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Commissioner Lawrence-Anderson moved and Commissioner Ryan seconded to approve the
Agenda and Consent Agenda, and the following item was approved:
3a. APPROVAL OF MINUTES
1.November 27, 2017 —Regular Session
2.December 4, 2017 - Special Session
Motion passed unanimously.
4. PUBLIC HEARINGS
4a. RESOLUTION NO. 2017-22 APPROVING ASSIGNMENT OF PURCHASE
AGREEMENT TO RIDGECREST INVESTORS LLC (DIB/A TOLD
DEVELOPMENT COMPANY)
Director of Business and Development Gary Eitel introduced the item, discussed the history, and
stated the purpose of the proposed resolution to approve assignment of Purchase Agreement to
Ridgecrest Investors LLC (dba Told Development Company). It was noted that notice of this
hearing was published in the official newspaper on November 30, 2017.
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Mr. Eitel reviewed the City's past actions related to this site and stated staff recommends the
EDA hold the Public Hearing, take public input, close the Public Hearing, and consider adoption
of the Resolution Approving Assignment of Purchase Agreement to Ridgecrest Investors LLC
(dba Told Development Company).
Commissioner Lawrence-Anderson moved and Commissioner Ryan seconded to open the Public
Hearing.
Motion passed unanimously.
No one wished to address this item.
Commissioner Butler moved and Commissioner Ryan seconded to close the Public Hearing.
Motion passed unanimously.
Commissioner Ryan moved and Commissioner Lawrence-Anderson seconded to adopt
RESOLUTION NO. 2017-22 Approving Assignment of Purchase Agreement to Ridgecrest
Investors LLC (dba Told Development Company).
Motion passed unanimously.
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5a. RESOLUTION NO. 2017-23 APPROVING A TIF DEVELOPMENT
AGREEMENT (HOM FURNITURE REDEVELOPMENT OF KOHLS LOT)
Director of Business and Development Gary Eitel introduced the item, discussed the history, and
stated the purpose of the proposed resolution approving a TIF Development Agreement (HOM
Furniture Redevelopment of Kohls Lot), which had been prepared by the City Attorney's office.
Mr. Eitel reviewed the City's past actions related to this site and the proposed redevelopment.
He stated staff recommends the EDA adopt the proposed resolution approving a TIF
Development Agreement for the HOM Furniture redevelopment of the Kohls lot.
Commissioner Ryan moved and Commissioner Lawrence-Anderson seconded to adopt
RESOLUTION NO. 2017-23 Approving a TIF Development Agreement (HOM Furniture
Redevelopment of Kohls Lot).
Motion passed unanimously.
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Commissioner Lawrence-Anderson moved and Commissioner Ryan seconded adjournment of
the Economic Development Authority meeting at 9:53 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 December 11, 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 January 8,
2018, Regular Session.
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- Secretary
12/11/17