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HomeMy WebLinkAboutEXECUTIVE SESSION - 03/10/1998 - LAND ACQUISITION/RELEASED RES NO 14-01 EXECUTIVE SESSION Date March 10. 1998 Time 8:35 o.m. Council Chambers Caucus Room TOPIC: LITIGATION_ PERSONNEL _ LAND ACQUISITION —Y 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 Manager B. Dill S. NIEHAUS 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 f.5 Pursuant to a duly made and approved motion and a majority vote at a regular!. scheduled meeting of the Village President and Board of Trustees on March 10, 1998 this Executive Session was called to consider a Land Acquisition matter. Number of pages attached: 1 Date(s)of review for release: July 1998 Date of approval for release: March 10, 1998 8:35 p.m. LAND ACQUISITION The Village President brought the Village Board up to date on discussions regarding the Chicago Bears Stadium development in Elk Grove. The Village President stated that the Chicago Bears had been asked to provide a written proposal to the Village describing the project, including the role of the Village in the project development. The Village President also stated that the Bears were currently negotiating with Allen Busse for the purchase of his 70-acre parcel at $10 per sq. ft. In addition, the Village President informed the Village Board that he, the Village Attorney and Mary Riordan would travel to Washington, D.C. to discuss stadium development with representatives of Prince George County if the Bears make a formal proposal to the Village. Prince George County is home to the Washington Redskins' Stadium, which was a privately financed development. The meeting adjourned at 8:44 p.m. Ik