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HomeMy WebLinkAbout09/08/1998 CS minutes MAYOR ~.:rald 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 lrvana K. Wilks VILLAGE MANAGER Michael E. Janonis Village of Mount Prospect VILLAGE CLERK Carol A. Fields 100 South Emerson Street Mount Prospect, Illinois 60056 MINUTES CLOSED SESSION September 8, 1998 The Closed Session was convened at 9:47 p.m. in the Human Services conference room, to discuss Property Acquisition. Present were: Mayor Gerald Farley and Trustees George Clowes, Timothy Corcoran, Paul Hoefert, Richard Lohrstorfer and Irvana Wilks. Absent from the meeting was Trustee Daniel Nocchi. Staff present included: Village Manager Michael Janonis, Assistant Village Manager David Strahl and Community Development Director William Cooney. Citizens present included Scott and Janet Saewart. Property Acquisition This discussion focused on redevelopment of the General Store at its existing location or moving the building to another location and what assistance the Village would consider on behalf of the Saewarts for this redevelopment. The Saewarts did not currently have a location available in the downtown and are requesting the Village Board provide some assistance in locating available property. They did state they do not feel the redevelopment would be possible if the building was moved to the small parcel that the Village currently owns near Tri-City Electric. There was a significant discussion regarding possible costs related to the redevelopment and property acquisition. There was also discussion regarding the projected business plan that the Saewarts had provided to the Village Board members for discussion purposes. There was no conclusion reached, however, there was significant discussion regarding various sites throughout the downtown and the Saewarts' desire to obtain some type of frontage along Busse Avenue. The Saewarts departed at 10:35 p.m. Community Development Director Cooney provided a summary of his discussion with the owners of Continental Bakery. He stated that the appraisal provided by the owners is very close to the Village appraisal but significant redevelopment desires have been voiced by the owners which may not be sustainable within the existing TIF area and an alternative location which is under consideration. There was some discussion regarding relocating Fannie May to the White Hen site. There was also discussion regarding Gail's Carriage House and possible redevelopment of that property. There was a general discussion regarding the impact of writing down the property for redevelopment in the small triangle surrounded by Northwest Highway/83 and Central. Clocktower second building discussion. Mr. Cooney stated that Centrum is out of the picture and Norwood is preparing the purchase of the property for development as previously stipulated by the Village. Six West Northwest Highway. Manager Janonis stated the owners will take $177,000 plus one-half of the tax proration in closing costs; therefore, the net is approximately $180,000. The Village Board authorized Manager Janonis to pursue the purchase at $177,000. There was a general discussion regarding the redevelopment of the General Store and consideration of the Saewarts' desire to move the store for redevelopment purposes. Various sites were discussed in the downtown including possible cost impact to the Village. There was also significant discussion as to the most likely use of the General Store building and the likely costs the Village would incur for the proposed uses. No decision was made regarding the General Store relocation or sale to the Saewarts. The Village Board did authorize staff to proceed with the necessary demolition for the three buildings along Northwest Highway and consider the opportunity of combining the demolition of the newspaper building. There being no further business discussed, the Closed Session was adjourned at 11 :11 p.m. ~~ s.-tJj DAVID STRAHL Assistant Village Manager DS/rcc 2