Loading...
HomeMy WebLinkAboutEXECUTIVE SESSION - 04/14/1998 - LITIGATION/RELEASED RES NO 14-01 EXECUTIVE SESSION Date Apri114 1998 Time 6:55 p.m. Chernick Conference Room TOPIC: LITIGATION _C PERSONNEL _ LAND ACQUISITION VILLAGE BOARD VILLAGE BOARD MEMBERS PRESENT MEMBERS ABSENT STAFF PRESENT C. JOHNSON B. DILL G. PARRIN President Village Trustee Village Manager N. CZARNIK R. RUMMEL Village Trustee Asst.Village Manager P. FEICHTER S. NIEHAUS Village Trustee Asst.to the Manager S. LISSNER G. KNICKERBOCKER Village Trustee Village Attorney J. PETRI H. INGEBRIGTSEN Village Trustee Finance Director C. PROCHNO R. OLSON Village Trustee Human Resources Officer 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 ril 14.this Executive Session was called to consider a Litigation matter. Number of pages attached: I Date(s)of review for release: July 1998 Date of approval for release: �2';7'0t M 4/14/98 6:55 p.m. Litigation The Village Attorney brought the Village Board up-to-date on the status of negotiation of remediation costs related to the cleanup of the former Grove Mall property. The Village Attorney stated that the total cost of remediation for asbestos and dry cleaning contamination was $390,000. According to the Village's settlement agreement, Joe Serfecz was required to pay any amount over and above $75,000. However, Serfecz has agreed to pay $297,000, due to some concerns over disposal and Village incurred clean-up issues. The Village Attorney recommended that the Village Board accept Serfecz' offer as it would eliminate potential legal fees incurred by the Village. Upon further discussion, the consensus of the Village Board was as follows: • to accept Serfecz' settlement offer of$297,000; and • to authorize the Village Attorney to file an agreed to court order of the settlement at the 4/14/98 Village Board meeting. The meeting adjourned at 7:05 p.m. Ik