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HomeMy WebLinkAboutEXECUTIVE SESSION - 06/13/1995 - LITIGATION/RELEASED RES NO 24-99 EXECUTIVE SESSION Elk Grove Village Date June 13, 1995 Time 10:40 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 R. Chernick R. Rummel Village Trustee Asst.Vlg.Mgr. N. Czarnik S. Niehaus Village Trustee Admin. Asst. C. Johnson G. Knickerbocker Village Trustee Village Attorney S. Lissner Village Trustee J. Petri Village Trustee P. Rettberg 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 June 13, 1995 this Executive Session was called to consider a Litigation matter. Number of pages attached: 1 Date(s) of review for release: Juuly,�y, 199/5 Date of approval for release: y' p `J'/ 6/13/95 10:40 p.m. LITIGATION The Village Attorney brought the Village Board up to date on the status of negotiations to condemn and purchase the Grove Mall . The Village Attorney stated that Grove Mall ownership may agree to a settlement in the neighborhood of $6. 1 million. The consensus of the Village Board was as follows: 1 . Offer up to $6. 1 million for the property, excluding Burger King and have it entered as an agreed to court order settlement of the condemnation litigation; 2 . Engage a firm to conduct a Phase I environmental study at a cost of $3,500; 3. Maintain housing court enforcement actions until a court order is issued on the settlement amount . 4 . Discuss Town Square concepts with a consultant to determine scope and cost of services. The Village Attorney stated that if Grove Mall agrees to the settlement, closing on the property could happen by September 1 . The meeting adjourned at 10:59 p.m.