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HomeMy WebLinkAboutEXECUTIVE SESSION - 04/13/2021 - Land Disposition (2)EXECUTIVE SESSION April 13, 2021 5:36 p.m. Chernick Conference Room TOPIC: ❑ LITIGATION ❑ PERSONNEL X LAND DISPOSITION VILLAGE BOARD MEMBERS PRESENT C. JOHNSON Mayor N. CZARNIK Village Trustee P. FEICHTER Village Trustee S. LISSNER Village Trustee C. PROCHNO Village Trustee S. SCHMIDT Village Trustee VILLAGE BOARD MEMBERS ABSENT J. FRANKE Village Trustee 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 April 13, 2021, this Executive Session was called to consider review of Land Disposition. Number of pages attached: 1 Date(s) of review for release: February 2023 Date of approval for release: Date approved by Village Board: April 27, 2021 April 13, 2021 `., 5:36 pm The Village is working with a hotel developer on the former Motel 6 property on Oakton, which would provide for the developer to acquire the land from the Village at no cost in order to construct a Tru by Hilton hotel on the site. Additionally, the developer has expressed interest in building a restaurant, if they are able to acquire the front lot areas from the Good Year. Mayor Johnson noted that if they are able to acquire the land, the Village would also offer a motel/hotel tax rebate to support the construction of a restaurant. The consensus of the Board was to direct Village staff to send a letter of intent to the developer for the development of a Tru by Hilton at the former Motel 6 site. The meeting was adjourned at 5:39 pm. O