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HomeMy WebLinkAbout08/09/1994 CS minutes MAYOR GERALD L FARLEY TRUSTEES GEORGE A. CLOWES TIMOTHY J. CORCORAN RICHARD N. HENDRICKS PAUL WM. HOEFERT MICHAELE W. SKOWRON IRVANA K. WILKS VILLAGE MANAGER MICHAEL E. JANONIS VILLAGE CLERK GARO!. A. FIELDS lFMl1l1 OO~~@rn: W&i?rn I_~-D L Village of Mount: Prospect: 1 00 South Emerson Street Mount Prospect, Illinois 60056 Phone: 708 / 392-6000 Fax: 708 / 392-6022 TOO: 708/392-6064 MINUTES EXECUTIVE SESSION AUGUST 9, 1994 The Executive Session was called to order at 10:35 p.m., in the conference room of the Senior Citizens Center, 50 South Emerson Street, for the purpose of discussing Land Acquisition. Present at the Executive 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 to the Village Manager David Strahl. Land Acquisition Village Manager reviewed with Board members right-of-way acquisition costs relative to the proposed Linneman Road Reconstruction Project. Mr. Janonis reminded the Board that five homeowners within the project area owned property within the existing road profile and right-of-way. In order for the project to proceed, it was necessary to acquire appropriate right-of-way dedications from these five property owners. In preliminary meetings, Mr. Janonis reported that four of the five property owners stated that they would require monetary compensation for in exchange for any right-of-way dedication. Village Board had previously directed Village Manager to secure necessary appraisals. Results of those appraisals indicated that acquisition costs for the five properties would be in the neighborhood of $60,000. The Village Manager and Board discussed strategies regarding how the Village would make an offer to the various property owners. After brief discussion, it was determined that the Manager would make a single offer equal to the appraised value of the necessary dedication. It was hoped that the property owners would accept the Village's offer as being fair compensation. The Village Board felt that paying a premium over fair market value was not in the best interests of the Village and that should any or all of the property owners refuse to accept the appraised value for the property, then the Board was willing to immediately proceed with an appropriate condemnation action. Mr. Janonis indicated he would work very diligently to come to an amenable agreement with the property owners within the direction given by the Village Board. It was the consensus of Village Board members to proceed with the strategy outlined above. There was no further business discussed by Board members. The Executive Session was adjourned at 11 :07 p.m. M EJ/rcc ~