HomeMy WebLinkAbout11/11/1997 CS minutes
MAYOR
Gerald L. Farley
Phone: (847) 392-6000
Fax: (847) 392-6022
TOO: (847) 392-6064
TRUSTEES
George A. Clowes
Timothy J. Corcoran
Paul Wm. Hoefert
Richard M. Lohrstorfer
Daniel A. Nocchi
IlVana K. Wilks
VILLAGE MANAGER
Michael E. Janonis
Village of Mount Prospect
VILLAGE CLERK L . .
Carol A. Fields ,In/0 100 South Emerson Street Mount Prospect, illinoIS 60056
~i;Y MINUTES
~ Qv'(J CLOSED SESSION
~ NOVEMBER 11, 1997
The Closed Session was called to order at 8:42 p.m., in the conference room of the Senior
Citizens' Center, 50 South Emerson Street, for the purpose of discussing Personnel and
Property Acquisition. Present at the Closed Session were: Mayor Gerald L. Farley;
Trustees 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.
Board members reviewed the Minutes for the October 21, 1997 Closed Session. Upon
review, the Board accepted the Minutes as an accurate representation of what transpired.
at the meeting. Mayor Farley indicated that the Minutes would be officially adopted in
Open Session.
Personnel
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Village Manager Michael Janonis provided a brief overview of some personnel changes
in the Command staff at the Police Department. Mr. Janonis indicated that these changes
were occasioned by the need to strengthen the Command staff especially at the
Commander level. Mr. Janonis indicated that one of the Commanders had recently
tendered his resignation.
Mr. Janonis indicated that the organizational changes were necessary given the fact that
he anticipated retirements of top Command staff within the next few years. Mr. Janonis felt
it was imperative that potential successors be identified now and begin their grooming for
the purpose of having qualified personnel available to fill future openings due to
retirements.
The Village Board approved the personnel changes and expressed support for the initiative
of identifying and training future Command staff in anticipation of retirements.
Property Acquisition
Village Manager Michael Janonis reported that the official response from the Franceks'
attorney was that they would consider selling the property at a cost of $510,000 with the
additional condition that the Village be responsible for any existing leases.
Mr. Janonis reviewed the general parameters of the existing leases. It was noted that the
longest duration lease would apparently end in March of 1999. One of the recent leases
had a fairly uncomplicated kick-out clause based on a sale of the property. One lease was
due to expire in January of 1998. It was noted that per the Franceks' attorney, one of the
more recent tenants had not as yet signed a lease and was, in fact, in arrears for rent by
some two months.
After brief discussion among Board members, it was the consensus that it should
be the responsibility of the Franceks to resolve all outstanding leaseholds except
for the lease which was set to expire in March of 1999. The reason for allowing this
lease to remain is that it appeared not to have a kick-out clause and would be
expiring within a reasonable amount of time.
j Village Manager Janonis discussed various scenarios for the timing of a sale and closing
. including situations which would call for immediate possession or delayed possession of
up to twelve months. In response, the Village Board indicated that a contract with a closing
~ . date within six months was acceptable if the lease situation were resolved.
\:!! Discussion regarding an appropriate counter offer entailed discussion of the validity of the
Village's $450,000 appraisal and how the Franceks arrived at their $510,000 offer.
Mr. Janonis indicated that the $510,000 was premised on a year-old appraisal which set
the price of the buildings at approximately $570,000, the recent developer's offer of
$545,000 and recognizing that if the sale were to a private party, there would be a
commission involved. The Franceks felt that the $510,000 balanced the property's value
with the expense of paying commission. Mr. Janonis indicated that the Village's attorney,
Mr. Ryan, reviewed the validity of the $450,000 appraisal with the Franceks' attorney.
Mr. Janonis also discussed with Board members the need to set a reasonable benchmark
by which other potential property acquisitions will be measured. Mr. Janonis suggested
the Village set a target purchase price of approximately $30 per square foot. Based on this
benchmark, the Village Board authorized a counter offer not to exceed $490,000 with the
condition that the owner resolve any outstanding lease issues except for the lease which
expires in March 1999.
There was brief discussion by Board members about whether the buildings should be
demolished or retained and, perhaps, rented out. There was a difference of opinion
regarding the future status of the buildings. It was determined that that decision would be
appropriate to make after the Village had acquired the properties.
rustee Corcoran brought up the status of the old Butch McGuire's property. He indicated
that since the property was on the market, the Village might want to contact IDOT and see
if they would be interested in purchasing the property for a by-pass road as proposed in
their Rand Road SRA report. Trustee Corcoran felt that this was an opportune time to
. make such inquiry before the property was developed in some other manner.
Mr. Janonis indicated that he would check to see IDOT's interest in the property.
There were no other matters discussed in the Closed Session. On a Motion by Trustee
Lorhstorfer, seconded by Trustee Hoefert, the Village Board voted unanimously to adjourn
the Closed Session at 9:38 p.m.
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