HomeMy WebLinkAboutEXECUTIVE SESSION - 02/10/1998 - LAND ACQUISITION/RELEASED RES NO 14-01 EXECUTIVE SESSION
REVISED
Date February 10. 1998
Time 6:45 o.m.
Chernick Conference Room
TOPIC: LITIGATION_ PERSONNEL LAND ACQUISITION —L(
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 A. BOFFICE
Village Trustee Director of Engineering&
J. PETRI Community Development
Village Trustee H. INGEBRIGTSEN
C. PROCHNO Director of Finance
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 February 10, 1998
this Executive Session was called to consider a Land Acquisition matter.
Number of pages attached. 1
Date(s) of review for release: lu�qlyy 1998
Date of approval for release:
2110198
6:45 p.m.
Land Acquisition
The Village President brought the Village Board up to date on
discussions with the Chicago Bears regarding the development of a
football stadium/hotel facility in Elk Grove. The proposal would require
the Village to retain ownership of the land on which the stadium would
be constructed. In addition, the Bears would be making offers on other
vacant property for parking purposes. The Village President explained
that it would be necessary for the Village Board to consider the
feasibility and potential impact of a stadium in the community. In
order to do so, professional consulting from experienced firms would
need to be obtained.
Upon further discussion, the consensus of the Village Board was
to authorize the Village Manager and Village Attorney to interview
potential development consultants and/or legal counsel and make a
recommendation to the Village Board. The estimated cost for
preliminary review was $100,000.
The meeting adjourned at 7:50 p.m.
Ik
es02108.doc