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HomeMy WebLinkAboutEXECUTIVE SESSION - 04/27/2021 - Land AcquisitionEXECUTIVE SESSION April 27, 2021 5:35 p.m. Chernick Conference Room 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 Mayor and Board of Trustees on April 27, 2021, this Executive Session was called to consider review of Land Acquisition. Number of pages attached: 1 Date(s) of review for release: February 2023 Date of approval for release: Date approved by Village Board: June 15, 2021 April 27, 2021 5:35 pm The Village has reached an agreement on a purchase price for the property on Elmhurst Road, which is needed to relocate Vulcan from their current location. The purchase price is $6.36 Million, but this does not yet include relocation costs for Vulcan. A total budget of $7.084 Million was approved by the Board for the relocation of Vulcan from their current location. The meeting was adjourned at 5:35 pm.