HomeMy WebLinkAbout05/09/1995 CS minutes
MAYOR
GERALD L FARLEY
TRUSTEES
GEORGE A CLOWES
flMOTHY J. CORCORAN
RICHARD N HENDRICKS
PAUL WM. HOEFERT
MICHAELE W SKOWRON
IRVANA K. WILKS
VILLAGE MANAGER
MICHAEL E. JANONIS
VILLAGE CLERK
CAROl A. FIELDS
rP&IJJ'ITiJ&11 OO~
[IDL~u~ l - U; -D ~
Village of Mount Prospect
100 South Emerson Street
Mount Prospect, Illinois 60056
Phone: 708 / 392-6000
Fax: 708 / 392-6022
TOO: 708 / 392-6064
MINUTES
CLOSED SESSION
MAY 9, 1995
The Closed Session was called to order at 9:22 p.m., in the conference room of the
Senior Citizens' Center, 50 South Emerson Street, for the purpose of discussing
Property Acquisition, Property Disposition and Personnel. Present at the Closed Session
were: Mayor Gerald Farley; Trustees George Clowes, Timothy Corcoran, Richard
Hendricks, Paul Hoefert, Michaele Skowron and Irvana Wilks. Also present were: Village
Manager Michael Janonis and Assistant Village Manager David Strahl. The subject of
Personnel was added as part of the Motion to go into Closed Session.
Property Acquisition
The Village Manager updated Board members regarding preliminary negotiations with
Northwest Electric for the sale of certain Village-owned properties on Wille and Main
Streets. Mr. Janonis indicated that both sides are currently developing firm figures for a
variety of development costs which will serve as a basis for reaching a Development
Agreement. Northwest Electric is taking the position that they should be entitled to some
of the incremental revenue that will be generated in the TIF District by their improvement.
Mr. Janonis stated that the Village's position is that use of incremental revenues to assist
in a particular development is solely within the purview of the Village Board.
The Village Manager reported that Northwest Electric had expressed interest in acquiring
a portion of the rear of the Ye Olde Town Inn building if and when the Village acquired
a portion of the property for the purposes of creating an alley-way. The willingness
extended to paying a fair price for the land to be acquired for the benefit of Northwest
Electric. They have indicated an unwillingness to participate in sharing any acquisition-
related costs. It was determined that the Village would receive a relatively small
percentage of the overall costs of acquisition from the sale of the property to Northwest
Electric. Board members indicated a consensus feeling that pursuing the Ye Olde Town
Inn property under the circumstances outlined above would not necessarily be in the best
interest of the Village. However, staff was directed to continue negotiating with Northwest
Electric to see what type of agreement might be achieved.
Property Disposition
The Village Manager reported that the Library has expressed continuing interest in the
Village-owned property directly across from the Library (One, Three and Five South
Emerson). The Library's interest is in providing additional parking should an expansion
of the Library take place.
~ Due to the fact that there have been expressions of interest in the property from other
l civic and commercial groups, the Library was requesting that the Board consider granting
~ an option or right-of-first-refusal on the property in favor of the Library so that they could
~ .,J 1-0 "'0 '\ protect their interest.
Board members discussed the request among themselves and could not reach consensus
as to a response. It was suggested that the Village Board and Library Board sit down in
an appropriate setting to discuss the matter in greater detail. Staff was directed to set
up such a joint meeting at the earliest possible date.
Personnel
Mr. Janonis informed the Board of certain promotions, resignations and Departmental
reorganization plans. Village Board expressed its concurrence in the Village Manager's
changes.
There was no further discussion and the Closed Session adjourned at 10:08 p.m.
M EJ/rcc
~~
~~
~,
dOt
~J. rt
@? \.J
c::i
i
=,
~ J
~@