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HomeMy WebLinkAboutEXECUTIVE SESSION - 06/13/2000 - LITIGATION/RELEASED RES NO 23-03 (2) EXECUTIVE SESSION Date June 13, 2000 Time 6:40 p.m. Chernick Conference Room TOPIC: LITIGATION X PERSONNEL _ LAND ACQUISITION VILLAGE BOARD VILLAGE BOARD MEMBERS PRESENT MEMBERS ABSENT STAFF PRESENT C. JOHNSON P.FEICHTER G. PARRIN President Village Trustee Village Manager N. CZARNIK R.RUMMEL Village Trustee Asst. Village Manager B.DILL P. VADOPALAS Village Trustee Asst. to the Vlg. Mgr. S.LISSNER G. KNICKERBOCKER Village Trustee Village Attorney J.PETRI R. OLSON Village Trustee Human Resources Officer 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 06/13/2000 this Executive Session was called to consider a Litigation matter. Number of pages attached: 1 Date(s) of review for release: January 2001 Date of approval for release: 6/13/2000 6:40 p.m. LITIGATION President Johnson explained Cook County's failure to assign TIF designation to the Grove Mall property in time to collect the full increment from the 1999 tax bill. As a result,taxes were paid to all other taxing bodies totaling approximately$450,000. After discussing various options, the consensus of the Board was to not litigate the issue with the County, but to accept the extension of TIF designation for a year longer than originally planned. The meeting adjourned at 6:45 p.m. lk