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HomeMy WebLinkAbout12/16/1997 CS minutes MAYOR Gerald L. Farley Phone: (847) 392-6000 Fax: (847) 392-6022 TOO: (847) 392-6064 TRUSTEES 3eorge A. Clowes Timothy J. Corcoran ul Wm. Hoefert k .ard M. Lohrstorfer Daniel A. Nocchi Irvana K. Wilks VILLAGE CLERK Carol A. Fields Village of Mount Prospect 100 Lth Emerson Street Mount Prospect, Illinois 60056 VILLAGE MANAGER Michael E. Janonis MINUTES CLOSED SESSION DECEMBER 16, 1997 The Closed Session was called to order at 9:24 p.m., in the conference room of the Senior Citizens' Center, 50 South Emerson Street, for the purpose of discussing Property Acquisition. Present at the Closed Session were: Mayor Gerald L. .Farley; Trus!~ees George Clowes, Timothy Corcoran, Paul Hoefert, Richard Lohrstorfer, Daniel Nocchi and Irvana Wilks. Also present were: Village Manager Michael Janonis and Assistant Village Manager David Strahl. Property Acquisition Village Manager Michael Janonis reported that final negotiations on the Purchase Contract for the Francek properties (Two-Ten East Northwest Highway) were almost complete. Mr. Janonis reviewed some of the circumstances surrounding the existing tenant leases as well as the protections that have been built into the contract with regard to environmental contamination on the site. Mr. Janonis indicated that he was hoping to bring an Ordinance authorizing execution of the Contract forward as part of a Special Board meeting at the December 23 Committee of the Whole meeting. There was brief discussion among Committee members regarding the feasibility of offering, for a nominal price, the Two East Northwest Highway building, to a residentlrehabberl developer, who could move the building to a site where it could be restored and utilized as either a residence or business. This strategy could facilitate preservation of the building. Board members were generally favorable and asked staff to develop guidelines which could be promulgated publicly in an effort to solicit interest. There was no other business conducted in Closed Session and the meeting was adjourned at 9:36 p.m., by unanimous vote after a Motion by Trustee Hoefert and a Second by Trustee Wilks. MEJ/rcc MICH . J Village Manager