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HomeMy WebLinkAboutEXECUTIVE SESSION - 12/13/2022 - LAND ACQUISITION (2)04 EXECUTIVE SESSION December 13, 2022 6:18 p.m. Chernick Conference Room TOPIC: ❑ LITIGATION ❑ PERSONNEL X LAND ACQUISITION VILLAGE BOARD MEMBERS PRESENT C. JOHNSON Mayor P. FEICHTER Village Trustee J. FRANKE Village Trustee S. LISSNER Village Trustee T. MILLER Village Trustee C. PROC1 NO Village Trustee S. SCHMIDT Village Trustee VILLAGE BOARD MEMBERS ABSENT STAFF PRESENT M. ROAN Village Manager M. JABLONSKI Deputy Village Manager C. GABIGA 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 December 13, 2022, 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: February 2025 Date approved by Village Board: January 10, 2023 December 13, 2022 6:18 pm The Mayor informed the Board that the property at 500 E. Higgins is up for sale. The Village Manager proposed that the Village purchase the property at 500 E. Higgins and the building next to it at 570 E. Higgins to improve the area and to facilitate a new 2.2 acre industrial development. The consensus of the Board was to proceed with pursuing the purchase of the two buildings using TIF funds. The meeting was adjourned at 6:21 pm.