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HomeMy WebLinkAbout11/27/2001 CS minutes MAYOR Gerald L. Farley It'ilIiiWL ~ tp)&vm ,z. - \ u -fl ~ TRUSTEES Timothy J. Corcoran Paul Wm. Hoefert Richard M. Lohrstorfer Michaele W. Skowron Irvana K. Wilks Michael A. Zade! Phone: (847) 392-6000 Fax: (847) 392-6022 TOO: (847) 392-6064 VILLAGE MANAGER Michael E. Janonis Village of Mount Prospect 100 South Emerson Street Mount Prospect, Illinois 60056 VILLAGE CLERK Velma W. Lowe MINUTES CLOSED SESSION November 27, 2001 The Closed Session was convened at 8:43 p.m. in the Human Services conference room. The purpose of the Closed Session was to discuss Property Acquisition and Litigation. Present were: Mayor Gerald Farley and Trustees Timothy Corcoran, Paul Hoefert, Richard Lohrstorfer, Michaele Skowron, Irvana Wilks and Michael Zadel. Staff present included: Village Manager Michael Janonis and Assistant Village Manager David Strahl. Litiqation .)~ ~ Village Manager Janonis stated that it appears as if the Village is close to negotiating a Settlement Letter with the Department of Justice. This would be in lieu of a Consent Decree. He reviewed the various items that would likely be included as part of the Letter agreement. He also pointed out that if approved, the agreement would remain in effect for five years and if no other issues surfaced within three years, there would be an early termination. He stated that pending Village Board authorization, he would continue to discuss the various language and to resolve the necessary details regarding the Class Action Settlement. .. · \J. ...<!.. Property Acquisition Assistant Village Manager David Strahl provided a cost estimate regarding the additional services necessary for DLK to evaluate the Bank One building for possible purchase. There was also discussion regarding the opportunity to obtain the necessary property for the by- pass roads around Route 83/Kensington/Rand intersection. There was no other business discussed in Closed Session and the meeting adjourned at 9:09 p.m. No action was taken. :~~ S;:ttf DAVID STRAHL Assistant Village Manager DS/rcc ~o iJ!i>)~ 01 D:::!J ~~ @S d~ d[? 2)~ I!&@j