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HomeMy WebLinkAboutEXECUTIVE SESSION - 02/13/2024 - LAND ACQUISITION (4)EXECUTIVE SESSION GENERAL February 13, 2024 6:26B 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. 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 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 6:26B pm The Mayor shared that the Village has secured a deal to acquire the Heavenly Bodies, Burger King, and Marathon Gas Station properties for $6,232,020. 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 $6,232,020. The meeting was adjourned at 6:32 pm.