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HomeMy WebLinkAboutEXECUTIVE SESSION - 04/11/2023 - LAND ACQUISITION (2)EXECUTIVE SESSION April 11, 2023 6:00 p.m. Chernick Conference Room TOPIC: ❑ LITIGATION ❑ PERSONNEL X LAND ACQUISITION VILLAGE BOARD MEMBERS PRESENT C. JOHNSON Mayor J. FRANKE Village Trustee S. LISSNER Village Trustee T. MILLER Village Trustee C. PROCHNO 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 April 11, 2023, this Executive Session was called to consider review of Land Acquisition. Number of pages attached: 1 Date(s) of review for release: February 2025 Date of approval for release: Date approved by Village Board: May 23, 2023 April 11, 2023 6:00 pm The Mayor shared the following updates on pending Land Acquisitions: • The purchase sale agreement for the La Quinta property is on tonight's Village Board Agenda • A draft redevelopment agreement has been provided for the former Days Inn and Phoenix Club properties for the construction of a Home2 by Hilton. • The purchase sale agreement for 500 E. Higgins is on tonight's Village Board Agenda • The purchase sale agreement for 570 E Higgins is on tonight's Village Board Agenda • The purchase sale agreement for the Technology Park Commercial Lot is on tonight's Village Board Agenda • The Village is waiting to hear back on the offer made for the vacant hotel parcel at the Elk Grove Technology Park • There is no update on the acquisition of the ACME Finishing property at this time The meeting was adjourned at 6:00 pm. OEM