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HomeMy WebLinkAboutEXECUTIVE SESSION - 08/11/2020 - Land Acquisition (2)M EXECUTIVE SESSION August 11, 2020 6:07 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 August 11, 2020, this Executive Session was called to consider review of Land Acquisition. Number of pages attached: Date(s) of review for release: Date of approval for release: Date approved by Village Board: 1 February 2021 September 08, 2020 August 11, 2020 ~" The Village Attorney provided an update on the condemnation of the outlot adjacent to the Elk Grove Hotel. A letter is going out tomorrow officially ending the condemnation negotiation for the outlot property. The Village will be filing the condemnation law suit this week. There is an item on tonight's Board Agenda to update the legal description for the property to prevent a technicality from becoming an issue. The Village Attorney indicated it will likely take a few months to come to a settlement with the property owner. The Village's current offer for the property is $1.30 million. He believes it may be possible to settle for $2 million, which could remove the use restrictions that would exist if a price has to be determined by the judge. The meeting was adjourned at 6:13 pm.