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HomeMy WebLinkAbout01/12/1993 CS minutes MAYOR GERALD L. FARLEY TRUSTEES MARK W BUSSE GEORGE A. CLOWES TIMOTHY J CORCORAN LEO FLORDS PAUL WM. HOEFERT IRVANA K. WILKS VILLAGE MANAGER MICHAEL E JANONIS VILLAGE CLERK CAROL A FIELDS IFQD[1,[1, OO@:[1,[W.@@: [Q)&m \- 200 -D't Village of Mount Prospect 100 South Emerson Street Mount Prospect, Illinois 60056 Phone: 708 / 392-6000 Fax: 708 / 392-6022 MINUTES EXECUTIVE SESSION JANUARY 12, 1993 The Executive Session was called to order at 6:38 p.m., in the second floor Conference Room of the Senior Citizens Center, 50 South Emerson Street, for the purpose of discussing Property Acquisition. Present at the Executive Session were: Mayor Gerald Farley; Trustees Mark Busse, George Clowes, Timothy Corcoran, Leo Floros, Paul Hoefert and Irvana Wilks. Also present were Village Manager Michael J anonis, Finance Director David Jepson, Planning Director David Clements and Broadacre representatives Fidel Lopez and Robert Meers. Property Acquisition Relative to the final siting decisions regarding the Catholic Charities project, the Village Board discussed the feasibility of acquiring the property at 12 East Busse Avenue, commonly known as Prospect Medical Center. Staff provided information regarding the likely purchase price and there was general discussion regarding the viability of the business located at this site. The opinions of Broadacre representatives were solicited with regard to the value of the land as well as relative site plan issues. Based upon extensive discussion, a determination was made not to pursue the purchase of the 12 East Busse Avenue property. The Executive Session adjourned at 7:28 p.m. and the Board commenced the regular Committee of the Whole meeting and items of business were discussed. At 8:50 p.m., the Board reconvened in Executive Session for the purpose of discussing Property Acquisition. The same persons listed above were present. Village Board discussed the potential need to acquire the property at 111 West Central Road, commonly known as Terrace Supply. Based upon the desire of the Board not to pursue the Catholic Charities development at the Pine/Wille site, the Board felt it prudent to at least discuss the status of the Terrace Supply property relative to the overall development in the Pine/Wille block. Again, the opinion of the Broadacre representatives was solicited regarding the need to acquire this property at the current time. All parties agreed that the focus of redevelopment on the Pine/Wille block initially would be located along the Northwest Highway frontage. It was conceivable that as part of a phase 2 development, acquisition of the Terrace Supply property might become an issue. If that became a reality, Village Board members expressed a desire that the owner of the Terrace Supply property would be a willing seller or would be interested in becoming a partner in subsequent development. After further discussion, it was the consensus of the Board members that acquisition of the Terrace Supply property was unnecessary. The Executive Session adjourned at 10: 15 p.m. MEJ /rcc