Loading...
HomeMy WebLinkAboutEXECUTIVE SESSION - 04/10/2007 - LAND ACQUISITION/RELEASED RES NO 36-08 i i EXECUTIVE SESSION Date April 10, 2007 Time 5:30 p.m. Chermck Conference Room TOPIC: LITIGATION_ PERSONNEL _ LAND ACQUISITION X VILLAGE BOARD VILLAGE BOARD MEMBERS PRESENT MEMBERS ABSENT STAFF PRESENT C.JOHNSON B. DILL R. RUMMEL Mayor Village Trustee Village Manager N. CZARNIK M: ROAN Village Trustee Asst. Village Manager P.FEICHTER B. JACOBSEN Village Trustee Asst. to the Vlg. Mgr. S. LISSNER G. KNICKERBOCKER Village Trustee Village Attorney 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 10, 2007_this Executive Session was called to consider a Land Acquisition matter. Number of pages attached: 1 Date(s)of review for release: April 2008�/ Date of approval for release: ]E5 'li�- .3�"�a 7-1 '6 04/10/07 5:30 p.m. Land Acquisition The Village Attorney advised the Board that acquisition of 321 Bond for the new police station is moving along and has a tentative closing date of April 15, 2007. It was noted that the Village is purchasing the property for continuity of Village services and to maintain the property tax exemption status. The Village will be saving $150,000 in taxes by purchasing the property. The Village will be conducting business for municipal purposes the entire time the facility is occupied. Consensus of the Board was to follow through with the purchase. The meeting adjourned at 5:34 p.m.