Loading...
HomeMy WebLinkAboutEXECUTIVE SESSION - 08/13/2024 - LAND DISPOSITIONEXECUTIVE SESSION GENERAL August 13, 2024 6:12B 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. 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 Au&st 13, 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 August 2025 August 11, 2026 December 17, 2024 August 13, 2024 6:12B pm The Mayor shared the proposed layout provided by Nitti Development for the residential home development at the former Presbyterian Church property at 600 Elk Grove Blvd. The proposal includes eleven homes priced at approximately $500,000-$550,000. Local realtor Rosanna DeFrenza provided comparable prices on surrounding homes that sold recently that were between $325,000-$475,000. Most of these older homes did not have basements and have small driveways and garages. The proposed plan will be further discussed and reviewed with Nitti Development, in addition to the builders approach to selling the homes. Trustee Schmidt asked how Tonne Road construction will impact the development of the homes. The Mayor shared it will not have an impact and will be similar to the existing homes along Tonne Road. The meeting was adjourned at 6:19 pm.