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HomeMy WebLinkAboutEXECUTIVE SESSION - 07/25/1995 - LITIGATION/RELEASED RES NO 24-99 EXECUTIVE SESSION Elk Grove Village Date July 25, 1995 Time 10:20 p.m. TOPIC: Litigation X Personnel_ Land Acquisition_ Village Board Village Board MEMBERS PRESENT MEMBERS ABSENT STAFF PRESENT D. Gallitano R. Rummel Village President Asst.Vlg.Mgr. R. Chernick S. Niehaus Village Trustee Admin.Asst. N. Czarnik G. Knickerbocker Village Trustee Village Attorney C. Johnson Village Trustee 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 July 25, 1995 this Executive Session was called to consider a Litigation matter. Number of pages attached: 1 Date(s) of review for release: January 19996 p / Date of approval for release: ')U 7 ,P V5/- 99 07125195 10:20 p.m. LITIGATION The Village Attorney brought the Village Board up to date on the status of negotiations with Grove Mall . The Village Attorney stated that he was nearing completion of a settlement for purchase of the property in the amount of $6. 15 million as authorized by the Village Board. The Village Attorney stated that he was currently working on a consent decree which would outline the rights of the existing tenants and require all compensation to the existing tenants to be the responsibility of the Grove Mall with the exception of the Jewel lease. The Village President stated that he had contacted Professor Anton C. Nelessen and arranged a meeting to discuss the "town square" concept on August 8, 1995 at 2 p.m. President Gallitano indicated that the Village Attorney, Village Manager, and Director of Engineering and Community Development would also be in attendance. The meeting adjourned at 10:39 p.m.