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HomeMy WebLinkAboutEXECUTIVE SESSION - 06/16/2020 - Land AcquisitionEXECUTIVE SESSION June 16, 2020 6:11 p.m. Room E TOPIC: ❑ LITIGATION ❑ PERSONNEL X LAND ACQUISITION VILLAGE BOARD MEMBERS PRESENT C. JOHNSON Mayor N. CZARNIK Village Trustee P. FEICHTER Village Trustee J. FRANKE `— Village Trustee S. LISSNER Village Trustee C. PROCHNO Village Trustee S. SCHMIDT Village Trustee VILLAGE BOARD MEMBERS ABSENT STAFF PRESENT R. RUMMEL Village Manager M. ROAN Deputy Village Manager M. JABLONSKI Assistant Village Manager G. KNICKERBOCKER Village Attorney Pursuant to a duly made and approved motion and a majority vote at a regularly scheduled meeting of the Village President and Board of Trustees on June 16, 2020, this Executive Session was called to consider review of Land Acquisition. Number of pages attached: 1 Date(s) of review for release: October 2020 Date of approval for release: Date approved by Village Board: July 7, 2020 June 16, 2020 With the current poor market for hotels, there is concern that the development at the former Elk Grove Motel will not be able to move forward as planned, with two hotels. Village staff has proposed to negotiate with the developer to take over the former Motel 6 site on Oakton instead, to build just one new hotel. With this adjustment, the Village would be able to pursue a different development, possibly a data center, at the former Elk Grove Motel site. The consensus of the Committee was to move forward with these negotiations The meeting was adjourned at 6:15 pm.