HomeMy WebLinkAbout11/25/1997 CS minutes
MAYOR
Gerald L. Farley
Phone: (847) 392-6000
Fax: (847) 392-6022
TOO: (847) 392-6064
TRUSTEES
George A. Clowes
Timothy J. Corcoran
Paul Wm. Hoefert
Richard M. Lohrstorfer
Daniel A. Nocchi
Irvana K. Wilks
V~~:7~~~~:R ,/;Village of Mount Prospect
VILLAGE CLERK ,,~o . .
Carol A. ~'elds ~ V 100 South Emerson Street Mount Prospect, illinOIS 60056
~ ~ MINUTES
~,\y ~ \ Y CLOSED SESSION
~ NOVEMBER 25, 1997
The Closed Session was called to order at 10:24 p.m., in the conference room of the Senior
Citizens' Center, 50 South Emerson Street, for the purpose of discussing Personnel and Property
Acquisition. Present at the Closed Session were: Mayor Gerald L. Farley; Trustees George
Clowes, Timothy Corcoran, Paul Hoefert, Richard Lohrstorfer, Daniel Nocchi and Irvana Wilks.
Also present were: Village Manager Michael Janonis and Assistant Village Manager David
Strahl.
Board members reviewed the Minutes from the November 18, 1997 Closed Session and found
same to be an accurate representation of what transpired at the meeting. Mayor Farley indicated
that the Minutes would be officially adopted in Open Session.
Prooerty Acquisition
Village Manager Michael Janonis reviewed with Board members the counter proposal from the
Franceks for the property commonly known as Two-Ten East Northwest Highway. Mr. Janonis
indicated that the Village's proposal of $485,000 had been countered with a $495,000 sale price.
This counter proposal was within the authority previously granted by the Village Board and
represented an acquisition cost of approximately $29.97 per square foot. The Franceks' counter
proposal also included agreement that they would be responsible for taking the necessary action
to terminate and/or give notice of lease non-renewal.
After brief discussion by the Board, it was their unanimous opinion that the contract terms were
favorable and acceptable. The Board directed the Village Manager to instruct the Village's
attorney to draft the necessary contract documents which could thereafter be acted on officially.
Mr. Janonis also asked the Board's permission to expend up to $5,000 for soil borings on the
Three South Wille Gunk yard) property. The Village Board agreed with the expenditure as being
prudent to determine the level and extent of soil contamination at the site.
There were no other matters discussed in the Closed Session. On a Motion by Trustee
Lorhstorfer, seconded by Trustee Hoefert, the Village Board voted unanimously to adjourn the
Closed Session at 10:33 p.m.
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