HomeMy WebLinkAboutEXECUTIVE SESSION - 06/20/2017 - Land Acquisition (2)EXECUTIVE SESSION
June 20, 2017
6:49 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 June 20, 2017, this Executive Session was called
to consider a Land Acquisition matter.
Number of pages attached: 1
Date(s) of review for release: January 2018
Date of approval for release:
Date approved by Village Board: July 18, 2017
June 20, 2017
6:49 p.m.
Land Acquisition
The Township originally bought land for a portion of their current site on Arlington Heights
Road from the Tollway at a cost of $38,000 in the 1970s. As a part of that transaction the
Tollway has right of first refusal at the original sale price for this land, which amounts to about
half of the property. The Township was counting on the proceeds from the sale of this property
to build out and improve the current Public Works facility on Landmeier to meet their needs.
The Tollway doesn't have a need for the land, but it is not yet certain if they will require
financial compensation to give up the rights to the land. The outcome of this transition could
impact the pending real estate swap involving the Township's Chelmsford property and the
Village's Public Works facility on Landmeier. The Village will explore a trade of its Lake
property to the Tollway in exchange for the right of first refusal.
The meeting was adjourned at 6:53 p.m.