HomeMy WebLinkAboutEXECUTIVE SESSION - 08/14/2001 - LAND DISPOSITION/RELEASED RES NO 8-04 COPY
EXECUTIVE SESSION
Date Aueust 14. 2001
Time 6:25 n.m.
Chernick Conference Room
TOPIC: LITIGATION _ PERSONNEL _ LAND DISPOSITION X
VILLAGE BOARD VILLAGE BOARD
MEMBERS PRESENT MEMBERS ABSENT STAFF PRESENT
C.JOHNSON G. PARRIN
Mayor Village Manager
N. CZARNIK R. RUMMEL
Village Trustee Asst. Village Manager
B.Dill P.VADOPALAS
Village Trustee Asst. to the Manager
P.FEICHTER G. KNICKERBOCKER
Village Trustee Village Attorney
S. LISSNER
Village Trustee
J. PETRI
Village Trustee
C. PROCHNO
Village Trustee
Pursuant to a duly made and approved motion and a majority vote at a regularly
scheduled meeting of the Village President and Board of Trustees on August 14. 2001 this
Executive Session was called to consider a Land Dis stion matter.
Number of pages attached: 1
Date(s)of review for release: June 2002
Date of approval for release: y
8/14/01
6:25 p.m.
Land Disposition
The Village Attorney reported that the Village has negotiated a purchase of the Patel
property at the Rohlwing Grove Shopping Center for$1.825 million dollars. This
property includes the Antiques Mart and Villa Marcella restaurant.
A developer has acquired the eastern half of the shopping center, and proposes the
construction of a microbrewery, family restaurant, and approximately$2 million of site
and fagade improvements. The developer has expressed interest in acquiring the property
currently under contract with the Village.
The Mayor noted that the shopping center will remain TIF eligible, though at this time
there is no need to establish the TIF district.
The Village Attorney reported that the Board would need to formally approve the
purchase of the property at this evening's Village Board meeting. In addition,the
developer has posted a marketing sign on the property exceeding the Village's sign area
restrictions, and requests a variation.
The consensus of the Board was to approve the purchase of the property and the sign
variation at the Board meeting.
The meeting adjourned at 6:40 p.m.