HomeMy WebLinkAboutEXECUTIVE SESSION - 04/25/2017 - Land Acquisition (3)EXECUTIVE SESSION
April 25, 2017
6:54 p.m.
Chernick Conference Room
TOPIC. ❑ LITIGATION ❑ PERSONNEL X LAND ACQUISITION
VILLAGE BOARD
MEMBERS PRESENT
C. JOHNSON
Mayor
N. CZARNIK
Village Trustee
P. FEICHTER
Village Trustee
J. FRANKE
Village Trustee
S. LISSNER
Village Trustee
J. PETRI
Village Trustee
C.PROCHNO
Village Trustee
VILLAGE BOARD
MEMBERS ABSENT
STAFF PRESENT
R. RUMMEL
Village Manager
M. ROAN
Deputy Village Manager
M. JABLONSKI
Assistant Village Manager
G. KNICKERBOCKER
Village Attorney
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 25, 2017, this Executive Session was called
to consider a Land Acquisition matter.
Number of pages attached: 1
Date(s) of review for release: November 2017
Date of approval for release:
Date approved by Village Board: June 20, 2017
April 25, 2017
6:54 p.m.
INII
Land Acquisition & Disposition
The Park Board received their appraisal of the property at Chelmsford, which came in at
$1,300,000 for the site if treated as vacant land. The Park Board has offered to pay $900,000 for
just the open land on the Chelmsford Property. The Park Board has offered to pay $2 million for
the entire site. The Bulgarian School has been offered a price of $2,350,000 for the entire
property. If split, the Bulgarian would pay $1,400,000 for just the school and the parking lot.
The Park Board would prefer to purchase the entire property, but they understand that as a result
of their delays, the Village has already begun negotiations with the Bulgarian School.
The Village is continuing negotiations with the Bulgarian School as they do their due diligence.
The terms of the sale will require that should they ever sell the property, the Park District gets
first right of refusal. If the Bulgarian School chooses to only purchase the parking lot and
building, the terms will also include a requirement of shared use of the parking lot with the Park
District and the two parties would have to come to an agreement on joint maintenance of the
parking lot. If the Bulgarians cut their price or balk at the terms, then the property can be sold to
the Park District.
The Township Board has committed to their interest in exchanging the Chelmsford property for
the Landmeier Public Works facility. The Township Board understands that they will not be
able to occupy the Landmeier facility until December, 2018 at the earliest. The Village will
value the Landmeier property at $3,500,000. It will be an even, governmental land swap
exchanging the Chelmsford Property and the Landmeier Public Works Facility.
The contracts for the purchase of land along Devon for the new Public Works Facility are being
finalized. The owners are reviewing the contract, there are still items such as updated
environmental studies and remediation notices, soil borings to determine if the property can hold
the proposed facility, and other necessary steps that need to be completed before it can be
finalized. The Village is moving forward with these steps. The Mayor has indicated to the
owner of the video repair shop (which is also his home), that if the sale closes by July 4, the
Village will give him until July 14 to vacate the property.
The Board discussed why the Township posted the property on Chelmsford for public bid if they
intent to go forward with the land swap. The reason the Township posted the property for bid, is
that the deal with the Village has not yet been finalized. The Township has a timeline required
by the State and so they pursued the public sale in case the deal with the Village fell through.
The consensus of the Board is for staff to continue moving forward with the land acquisition and
disposition.
The meeting was adjourned at 7:17 p.m.