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HomeMy WebLinkAbout2018-006 EDARCommissioner Marquita Butler introduced the following resolution and moved its adoption: EDA RESOLUTION NO. 2018- 06 RESOLUTION APPROVING AND AUTHORIZING THE EXECUTION OF A SHORT-TERM LEASE WITH LUTHER AUTOMOTIVE GROUP WHEREAS, the Economic Development Authority of the City of Brooklyn Center, Minnesota ("EDA") owns the property located at 5900 Shingle Creek Parkway, Brooklyn Center, Minnesota, legally described as Lot 1, Block 1, Brookdale Square 2nd Addition, Hennepin County, Minnesota ("Property"); and WHEREAS, Luther Automotive Group ("Luther") desires to enter into a short- term lease with the EDA to use the parking lot portion of the Property for storage of its new vehicles in accordance with the interim ordinance adopted by the City Council of the City of Brooklyn Center ("City") to temporarily allow the off-site storage of vehicles by an automobile dealership on property owned by the City or the EDA; and WHEREAS, the EDA determines that the storage of new vehicles by Luther is a reasonable use of the Property and will serve to address Luther's immediate need to secure off- site vehicle storage to facilitate the construction of its new facility within the City; and WHEREAS, the proposed lease has a limited term as the City Council considers whether to amend its code to make the off-site storage of vehicles an allowed use in the City; and WHEREAS, if the City Council agrees to amend its code, the EDA understands that Luther will likely seek approval to enter into a longer-term lease for the Property. NOW, THEREFORE, BE IT RESOLVED, by the Board of Commissioners of the Economic Development Authority of Brooklyn Center, Minnesota ("Board") as follows: The Board hereby approves entering into a short-term lease with Luther to allow it to temporarily store its new vehicles on the Property. 2. EDA staff and officials are authorized to further negotiate the terms of the short-term lease and the President and Executive Director are authorized to execute the lease once it is in a form acceptable to the City Attorney. EDA RESOLUTION NO. 2018-06 May 29, 2018 e-2 Date President The motion for the adoption of the foregoing resolution was duly seconded by member Kris LAwrence-Anderson and upon vote being taken thereon, the following voted in favor thereof: Tim Willson, Marquita Butler, April Graves, Kris Lawrence-Anderson, DAn Ryan and the following voted against the same: whereupon said resolution was declared duly passed and adopted.