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HomeMy WebLinkAboutEXECUTIVE SESSION - 02/27/2018 - Land AcquisitionEXECUTIVE SESSION February 27, 2018 6:26 p.m. Chernick Conference Room TOPIC: CI.1T GA -"!ION ` ❑ PEtNNL LAID I�QU�ITION m" VILLAGE BOARD MEMBERS PRESENT C. JOHNSON Mayor N. CZARNIK Village Trustee J. FRANKE Village Trustee S. LISSNER Village Trustee J. PETRI Village Trustee C. PROCHNO Village Trustee VILLAGE BOARD MEMBERS ABSENT P. FEICHTER Village Trustee 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 February 27, 2018, this Executive Session was called to consider review of Land Acquisition. Number of pages attached: 1 Date(s) of review for release: September 2018 Date of approval for release: Date approved by Village Board: March 13, 2018 M February 27, 2018 6:26 p.m. The Village made an offer of $3.75 million for the Elk Grove Motel property. The owners declined to respond to the offer because they considered it too low. The consensus of the Board was to wait to see if the owners lower their asking price. The meeting was adjourned at 6:27 p.m.