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HomeMy WebLinkAboutEXECUTIVE SESSION - 08/09/1994 - LITIGATION/RELEASED RES NO 24-99 EXECUTIVE SESSION Elk Grove Village Date August 9, 1994 Time 9:33 p.m. TOPIC: Litigation X Personnel_ Land Acquisition_ Village Board Village Board MEMBERS PRESENT MEMBERS ABSENT STAFF PRESENT D. Gallitano, G. Parrin Village President village Manager M. Tosto R. Farrell Village Trustee Admin. Asst. N. Czarnik B. Payne Village Trustee Vlg. Attorney R. Chernick Village Trustee J. Petri Village Trustee P. Rettberg Village Trustee C. Johnson 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 August 9, 1994 this Executive Session was called to consider a litigation matter. Number of pages attached: 1 Date(s) of review for release: 12/1/94 Date of approval for release: /C- 2,v- y i ��,, a(7- f/ 08/09/94 9 :33 p.m. LITIGATION The Village President reported that Grove Mall contacted the Village Attorney with a proposal to set the amount of damages they would request of Jewel due to Jewel not relinquishing the lease. In turn, the Village would present that figure to Jewel for consideration in exchange for the lease. The antitrust lawsuit would then be able to proceed and not effect the release of the lease. In response to this proposal the Village requested that Grove Mall provide justification supporting the damages amount prior to approaching Jewel . Grove Mall has not responded to this request. In addition, Grove Mall has requested to meet with the Board on this issue. The consensus of the Board was to have the Village Attorney contact Grove Mall and require them to provide a response to our request before scheduling a meeting with the Board. The meeting adjourned at 9:40 p.m.