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HomeMy WebLinkAbout2018 01-22 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 JANUARY 22, 2018 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 7:55 p.m. 2. ROLL CALL 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, Interim Community Development Director Michael Ericson, Director of Public Works Doran Cote, Police Chief Tim Gannon, City Attorney Troy Gilchrist, and Carla Wirth, 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. January 8, 2018 — Regular Session Motion passed unanimously. 4. COMMISSION CONSIDERATION ITEMS 4a. RESOLUTION NO. 2018-03 APPROVING THE PURCHASE AND SALE AGREEMENT AND ACQUISITION OF CERTAIN PROPERTY LOCATED AT: 5915 JOHN MARTIN DRIVE, BROOKLYN CENTER, MN Interim Community Development Director Michael Ericson introduced the item, discussed the history, and stated the purpose of the proposed resolution to approve the purchase agreement with Eretz LLC for the sale of the former Perkins Restaurant site located at 5915 John Martin Drive. He described the negotiations with the property owner of the former Perkins Restaurant for several years and indicated that recently, staff was approached by the owner and an agreement in the sale price was reached at $425,000. The Finance Director has identified the 01/22/18 -1- source of funds for the purchase as Tax Increment Financing (TIF) District 3. After the sale price is deducted from the TIF #3 Fund, the remaining balance will be $1.7 million. Commissioner Graves left the Chambers at 7:57 p.m. Commissioner Lawrence -Anderson moved and Commissioner Butler seconded to adopt RESOLUTION NO. 2018-03 Approving the Purchase and Sale Agreement and Acquisition of Certain Property Located at: 5915 John Martin Drive, Brooklyn Center, MN. Motion passed 4-0-1 (Commissioner Graves absent for the vote). Commissioner Graves returned at 7:58 p.m. 41111VU-11111i19►1► 104911 Commissioner Ryan moved and Commissioner Lawrence -Anderson seconded adjournment of the Economic Development Authority meeting at 7:58 p.m. Motion passed unanimously. 01/22/18 -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 January 22, 2018. 2. That said meeting was held pursuant to due call and notice thereof and was duly held at Brooklyn Center City Hall. That the Economic Development Authority (EDA) adopted said minutes at its March 26, 2018, Regular Session. 17 rf Secretary 01/22/18 -3- President