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HomeMy WebLinkAboutEXECUTIVE SESSION - 06/18/2024 - LAND DISPOSITION (4)EXECUTIVE SESSION GENERAL June 18, 2024 6:09 p.m. Chernick Conference Room TOPIC: ❑ LITIGATION ❑ PERSONNEL X LAND DISPOSITION 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. 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 June 18 2024, this Executive Session was called to consider review of Land Disposition. Number of pages attached: Date(s) of review for release: Date of approval for release: Date approved by Village Board: 1 June 2025 May 12, 2026 December 17, 2024 June 18, 2024 6:09 pm Wingspan is working on finalizing tenant contracts with Vinnys Pizza, 7 Mile bike shop, and Tensuke Market. They anticipate the contracts to be finalized soon to acquire the properties from the Village and begin construction. The Board inquired why tenants have not finalized their agreements with Wingspan. Vinnie with the Bike Shop has agreed to the terms, they are waiting for the signed agreement. Vinny's Pizza has been slow to respond and they are waiting to finalize the agreement. Tensuke has requested another meeting to review additional items. Wingspan has not yet received approval from MWRD. They are also waiting on IDOT approval and sign off to use the existing curb cuts. There is no update on the environmental remediation from the former gas station. The Mayor asked if Subway has received approval from their corporate to move to the new development. Deputy Village Manager Jablonski advised she would ask Wingspan about Subway. Tenant agreements with Vivi Nails and Jarosch Bakery are completed. The name for the development is "The Vue at Elk Grove Village". A marketing package is being prepared and will be shared with the Board in August. The naming contest received submissions with the word "view" and those 13 individuals will receive a $75 gift card in the mail. The meeting was adjourned at 6:16 pm.