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HomeMy WebLinkAboutEXECUTIVE SESSION - 09/27/2005 - LITIGATION/RELEASED RES NO 38-06 EXECUTIVE SESSION Date September 27:2005 R E C EI V eD OCT 0 ' 2005 Time 5:25 p.m. VILLAGE C(ERK'S OFF Chemick Conference Room ICE TOPIC: LITIGATION X PERSONNEL _ LAND DISPOSITION _ VILLAGE BOARD VILLAGE BOARD MEMBERS PRESENT MEMBERS ABSENT STAFF PRESENT C.JOHNSON R.R1JMIvIEL Mayor Village Manager N.CZARNIK M.ROAN Village Trustee Asst.to Vlg.Manager B.DILL G.KNICKERBOCKER Village Trustee ® �Y Village Attorney P.FEICHTER R.OLSON Village Trustee H.R.Coordinator S.LISSNER S. SCHMIDT Village Trustee Police Chief 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 September 27. 2005 this Executive Session was called to consider a Litigation matter. Number of pages attached: 1 Date(s)of review for release: December 2006 Date of approval for release: / 09/27/05 5:25 p.m. Litigation It was reported that the Village has reached a settlement with FGM in regards to the Public Works renovation litigation. The payout would re- coup the legal fees the Village expensed and out-of-pocket delay costs. The settlement also releases the Village from liability from 3 other contractors. The consensus was to approve the agreement under New Business during the upcoming Village Board meeting. The meeting adjourned at 5:26 p.m.