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HomeMy WebLinkAboutEXECUTIVE SESSION - 04/08/2003 - LAND DISPOSITION/RELEASED RES NO 7-05 EXECUTIVE SESSION Date April 8, 2003 Time 6:30 p.m. PR 3 0 2003 Chernick Conference Room V11(AGECIERK,SOFFICE TOPIC: LITIGATION PERSONNEL LAND DISPOSITION X VILLAGE BOARD VILLAGE BOARD MEMBERS PRESENT MEMBERS ABSENT STAFF PRESENT C. JOHNSON G. PARRIN Mayor Village Manager N. CZARNIK R. RUMMEL Village Trustee Asst. Vlg. Manager B. DILL G. KNICKERBOCKER Village Trustee Village Attorney P. FEICHTER Village Trustee S.LISSNER Village Trustee J. PETRI Village Trustee 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 April 8, 2003 this Executive Session was called to consider a Land Disposition matter. Number of pages attached: I Date(s) of review for release: December 2003 Date of approval for release: COPY 4/08/03 6:30 p.m. Land Disposition Dierking Terrace The Village Attorney reported that a contract has been finalized with Gullo Development to purchase the Dierking Terrace 5 acre site. The terms include $800,000 in cash„ the rebuilding of Dierking Terrace to Village Standards, and payment of$19,000 for engineering driveways. This item appears on the Consent Agenda. The sales contract and ordinance approving the sale were distributed to the Village Board. The meeting adjourned at 6:35 p.m.