HomeMy WebLinkAbout08/08/1995 CS minutes
MAYOR
GERALD L FARU:Y
TRUSTEES
GEORGE A CLOWES
TIMOTHY J CORCORAN
RICHARD N HENDRICKS
PAUL WM HOEFmT
MICHAELE W SKOWRON
IRVANA K. WILKS
VILLAGE MANAGER
MICHAEL E JANONIS
VILLAGE CLERK
CAROL A FIELDS
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Vi II age of M 0 u nt Prospect [Q)!1Y1,[l] { -'2..0-0
100 South Emerson Street
Mount Prospect, IlImols 60056
Phone: 708 I 392-6000
Fax: 708 I 392-6022
TOO: 708 I 392-6064
MINUTES
CLOSED SESSION
AUGUST 8, 1995
The Closed Session was called to order at 10:23 p.m., in the conference room of the
Senior Citizens' Center, 50 South Emerson Street, for the purpose of discussing
Litigation. 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, Assistant Village
Manager David Strahl and Village Attorney Everette Hill.
Litigation
Village Manager Michael Janonis reported that the Village currently had the owner of
three buildings within the Oak Terrace Apartment Complex in Court for a number of
Property Maintenance violations. Due to the financial insolvency of the owner, it appeared
that it was unlikely the violations would be corrected any time soon. In the meantime, the
condition of the buildings continue to deteriorate. Mr. Janonis along with Mr. Hill indicated
that one of the options was to seek a Demolition Order for the property as a means to
force the owner to take some action whether it be sell the property or undertake the
repairs. It was also felt that by moving for demolition the financial institution holding the
loan on the buildings would also get involved.
Assistant Village Manager Dave Strahl gave Board members an overview of the efforts
that staff has undertaken to work with the owner including bringing in the Community
Investment Corporation which has as its mission lending funds to rehabilitate high risk
real estate. Even the CIC would not extend credit to this owner.
The Village Manager also indicated that at a meeting with the Concerned Owners
Association, the owners were very concerned that these buildings were generating a
negative impact on the efforts of the group and within the geographic area.
After brief discussion, Village Board members directed staff to take whatever steps were
reasonable in pursing the ongoing litigation including a Demolition Order.
There was no further discussion and the Closed Session adjourned at 10:35 p.m.
Re
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MICHAE . JA
Village Manager