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HomeMy WebLinkAboutEXECUTIVE SESSION - 01/26/2021 - Land AcquisitionEXECUTIVE SESSION January 26, 2021 6:39 p.m. Room ABC TOPIC: ❑ LITIGATION ❑ PERSONNEL X LAND ACQUISITION VILLAGE BOARD VILLAGE BOARD MEMBERS PRESENT MEMBERS ABSENT STAFF PRESENT C. JOHNSON R. RUMMEL Mayor Village Manager N. CZARNIK M. ROAN Village Trustee Deputy Village Manager P. FEICHTER M. JABLONSKI Village Trustee Assistant Village Manager J. FRANKE G. KNICKERBOCKER Village Trustee Village Attorney S. LISSNER Village Trustee C. PROCHNO Village Trustee S. SCHMIDT Village Trustee 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 January 26, 2021, 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: 1 February 2022 Date approved by Village Board: February 9, 2021 January 26, 2021 6:39 pm All but one tenant in the 1550 Higgins building have verbally accepted the Village's offer for early termination of their leases. The Village is working to acquire the property adjacent to this site, which owned by Brennan Investment Group. Village staff has also talked to the owners of the rock crushing facility, who may be willing to move if we can find them a new site. There are two brokers interested in locating data centers at this site. In order to move forward, the data center would need the rock crushing facility to move, to avoid the possible impact of dust to their equipment. The meeting was adjourned at 6:40 pm. M