HomeMy WebLinkAboutEXECUTIVE SESSION - 12/15/1998 - LITIGATION/RELEASED RES NO 14-01 EXECUTIVE SESSION
Date December 15, 1998
Time 6:31 p.m.
Chemick Conference Room
TOPIC: LITIGATION X PERSONNEL _ LAND ACQUISITION X
VILLAGE BOARD VILLAGE BOARD
MEMBERS PRESENT MEMBERS ABSENT STAFF PRESENT
C. JOHNSON G. PARRIN
President Village Manager
N. CZARNIK R. RUMMEL
Village Trustee Asst. Village Mgr.
B. DILL S. NIEHAUS
Village Trustee Asst. to the Village Mgr.
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 12/15/98 this
Executive Session was called to consider a Land Acquisition/Litiae tion
matter.
Number of pages attached: 1
Date(s) of review for release: July1999L `1+5
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Date of approval for release: /0
12/15/98
6:31 p.m.
LAND ACQUISITION/LITIGATION
The Village Attorney stated that he had met with Bears Vice President, Ted
Phillips, during the week of November 30, to discuss concerns related to the development
of the Pecora property. In addition, they discussed the Bears' ability to finance a new
stadium with only private funds. The Village Attorney explained that it was important
for the Village Board to determine if the Bears could finance a stadium before the
deadline for removing referendum questions from the April 13 ballot expires in late
January.
Upon discussion, the Village Board directed the Village Attorney to meet with the
Bears organization prior to January 5, 1999 to request that they provide evidence of the
following:
1. The financial capability of constructing a new stadium with 100% private funds;
2. Specific plans identifying that sufficient parking is available in the immediate area
around the proposed stadium; and
3. That Village revenue created by the stadium would remain at $8 to 10 million
dollars per year.
If it is determined that the Bears cannot provide sufficient evidence that they can
develop a stadium in Elk Grove, the Village Board will take action to remove the
referendum question from the April 13, 1999 ballot.
In addition, it was the consensus of the Village Board to not discuss the potential
removal of the referendum in public until a joint statement with the Bears is released.
The Executive Session adjourned at 6:55 p.m.
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