HomeMy WebLinkAboutEXECUTIVE SESSION - 08/25/1998 - LAND ACQUISITION/RELEASED RES NO 14-01 EXECUTIVE SESSION
Date Aueust 25, 1998
Time 7:30 n.m.
Chemick Conference Room
TOPIC: LITIGATION_ 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 Vlg. Mgr.
P. FEICHTER G. KNICKERBOCKER
Village Trustee Village Attorney
S. LISSNER
Village Trustee
J. PETRI
Village Trustee
C. PROCIINO
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 08/25/98 this Executive
Session was called to consider a Land Acauisition matter.
Number of pages attached: 1
Date(s) of review for release: January 1999
Date of approval for release: 7 '�
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08/25/98
7:30 p.m.
Land Acquisition
The Village President informed the Village Board that the Chicago
Bears have signed a letter of intent with Alan Busse for the purchase of his
property. The Village President explained that the letter of intent was part
of the Bears' due diligence in responding to the Village criteria for
submission of a formal proposal. The Bears are also working on the
acquisition of surrounding properties and the hiring of a contract manager to
oversee construction. No time frame for submittal of a proposal was
discussed.
The Village Attorney also informed the Village Board that the Bears
had agreed to pay all consultant's fees incurred by the Village since "
discussion of the proposed stadium began in August of 1997.
The meeting adjourned at 7:55 p.m.
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