HomeMy WebLinkAboutEXECUTIVE SESSION - 03/12/2002 - LAND ACQUISITION/RELEASED RES NO 40-04 (2) EXECUTIVE SESSION COPY
Date March 12. 2002
Time 7:16 p.m.
Chemick Conference Room
TOPIC: LITIGATION _ PERSONNEL _ LAND ACQUISITION X
VILLAGE BOARD VILLAGE BOARD
MEMBERS PRESENT MEMBERS ABSENT STAFF PRESENT
C. JOHNSON B. DILL G. PARKIN
Mayor Village Trustee Village Manager
N. CZARNIK R. RUMMEL
Village Trustee Asst. Village Manager
P. FEICHTER P. VADOPALAS
Village Trustee Asst. to the Manager
S. LISSNER R. OLSON
Village Trustee Human Resources Ofer.
J. PETRI G. KNICKERBOCKER
Village"Trustee Village Attorney
('. PROCHNO
V it l age'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 March 12, 2002 this
Executive Session was called to consider a Land Acquisition matter.
Number of pages attached: 1
Date(s) of review for release: DDe��cember 2002
Datcofapproval forrelcase:
3/12102
7: 16 p.m.
Land Acquisition
The Village Attorney updated the Board on progress in the Rohlwing Grove
redevelopment. The Village Attorney noted the Board authorized a total of$2.2 million
in expenditures for acquisition, relocation, and demolition costs and that a recent
agreement to acquire the remaining outlet set the contract price at $625,000, which will
exceed the expenditure maximum. The Attorney noted the total expenditure account will
approximate $3 million.
The Board discussed several related issues, including asbestos found at the Antique Mart
property and the possible relocation options for the Villa Marcella restaurant.
The Village Attorney reported that a redevelopment agreement is expected to be executed
by June 1, 2002. Once plans are completed and presented to the Plan Commission and
Village Board, construction will commence. The projected completion date is November,
2003.
The consensus of the Board was to authorize the expenditure increase from $2.2 to $3
million.
The meeting ended at 7:15 p.m.