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HomeMy WebLinkAbout04/10/2001 CS minutes MAYOR Gerald L. Farley OO@if f?@ffil oornW@[j , \z.-\c..-O~ TRUSTEES Timothy J. Corcoran Paul Wm. Hoefert Richard M. Lohrstorfer Dennis G. Prikkel Michaele W. Skowron Irvana K. Wilks Phone: Fax: TOO: (847) 392-6000 (847) 392-6022 (847) 392-6064 VILLAGE MANAGER Michael E. Janonis Village of Mount Prospect 100 South Emerson Street Mount Prospect, Illinois 60056 f?(1DQJ1 ~[IT[1~&@rn: . IID& 1f[g 1-~ ~lO VILLAGE CLERK Velma W. Lowe MINUTES CLOSED SESSION APRIL 10, 2001 A Motion was made by Trustee Michaele Skowron and Seconded by Trustee Prikkel to move into Closed Session. The Closed Session was convened at 6:18 p.m. by Mayor Farley to discuss Litigation. Present were: Trustees Timothy Corcoran, Paul Hoefert, Richard Lohrstorfer, Dennis Prikkel, Michaele Skowron and Irvana Wilks. Staff present included: Village Manager Michael Janonis, Assistant Village Manager David Strahl, Village Attorney Everette Hill, attorneys Terry Ekl and Jim Sotos. Litigation Village Manager Janonis stated that there are three general areas that he wanted to advise the Board on. The first was an update regarding the recent articles in the newspaper alleging a possible settlement in the Class Action Suit. The second area was to explore possible settlement options that the Board may have an interest in and the third area is the Department of Justice investigation update. Attorney Jim Sotos stated that the recent newspaper articles were summaries of negotiations which typically occur in closed chambers. He acknowledges the attorney made a mistake by not realizing that he was in open court when he made his comments. He also summarized the Village's chances in prevailing in the Class Action Suit and what a possible settlement option could be structured as. He stated the insurance company representatives will be present at an upcoming settlement conference. Such a settlement conference is standard procedure in all Suits. Mr. Sotos stated that based on the proposed settlement options available, he would recommend serious consideration by the Village Board in order to dispose of this Suit. He stated this cost estimate is worthy of consideration due to the cost! benefit of trying the Case. Attorney Terry Ekl provided an update regarding the Department of Justice investigation. He stated the Case is currently being directed out of Washington and the decisions regarding whether to move forward on the Case will be coming from Washington. He would not recommend any type of political push to possibly resolve this investigation. He stated he will continue to follow up with the Department of Justice and inform them whether there is a conclusion to the Class Action Lawsuit. Motion made by Trustee Prikkel and Seconded by Trustee Wilks to adjourn the Closed Session. Motion passed. The Closed Session adjourned at 7:32 p.m. Respectfully submitted, ~ ....Js:-LiJ DAVID STRAHL Assistant Village Manager DS/rcc 1:IWINIOFFICEICLSDSESSI041001 Closed Session Minutes.doc l1!!!I~ ~~ ~~ @5 \', r:::!.l~ r:::!.ll? 2)~ ~@l