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HomeMy WebLinkAboutEXECUTIVE SESSION - 04/25/2023 - LNAD ACQUISITIONEXECUTIVE SESSION GENERAL April 25, 2023 6:17 p.m. Chernick Conference Room TOPIC: ❑ LITIGATION ❑ PERSONNEL X LAND ACQUISITION VILLAGE BOARD MEMBERS PRESENT C. JOHNSON Mayor S. LISSNER Village Trustee T. MILLER Village Trustee C.PROCHNO Village Trustee S. SCHMIDT Village Trustee VILLAGE BOARD MEMBERS ABSENT J. FRANKE Village Trustee PRESENT: JOE BUSH Trustee Nominee KATHY JAROSCH Trustee Elect STAFF PRESENT M. ROAN 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 25, 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 I.., Date of approval for release: Date approved by Village Board: July 18, 2023 April 25, 2023 6:17 pm Sonny Patel was provided with a draft redevelopment agreement from the Village to build a Home2 Suites on the former Days Inn site. The Village selected a high quality style of the hotel which will cost an additional $300,000. It was the consensus of the Board to provide the additional $300,000 for the upgraded fagade. The meeting was adjourned at 6:17 pm.