HomeMy WebLinkAboutEXECUTIVE SESSION - 02/13/2024 - LAND ACQUISITION (3)EXECUTIVE SESSION GENERAL
February 13, 2024
6:26A p.m.
Chernick Conference Room
TOPIC: ❑ LITIGATION ❑ PERSONNEL X LAND ACQUISITION
VILLAGE BOARD
MEMBERS PRESENT
C. JOHNSON
Mayor
J. BUSH
Village Trustee
J. FRANKE
Village Trustee
K. JAROSCH
Village Trustee
T. MILLER
Village Trustee
C.PROCHNO
Village Trustee
S. SCH IDT
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 FebruM 13 2024, 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:
Date approved by Village Board:
1
February 2025
May 12, 2026
December 17, 2024
February 13, 2024
6:26A pm
The Mayor shared that the Village has reached agreement to acquire the Heavenly Bodies,
Burger King, and Marathon Gas Station properties for $6,232,000. This deal includes the
removal of the existing billboard. The funds for acquisition will come partially from the TIF and
partially from the Capital Projects Fund. The Heavenly Bodies property is currently
unincorporated. The Mayor shared that this information is highly confidential and that the
closing is most likely going to take place on March 29. The acquisition would appear on the
March 26 Village Board Agenda.
The Consensus of the Board was to authorize the purchase of the Heavenly Bodies, Burger King,
and Marathon Gas Station properties for $6,232,000.
The meeting was adjourned at 6:32 pm.