HomeMy WebLinkAbout09/01/1998 CS minutes
MAYOR
Gerald L. Farl"y
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TRUSTEES
George A. Clowes
:imothy J Corcoran
Paul Wm. Hoefert
Richard M. Lohrstorfer
Dar,ie: A. Nocchi
Irvar,a K. Wilks
Phone: (847) 392-l3C;UO
Fax: (847) 392-602?
TOO: (847) 392-6064
VILLAGE MANAGER
Michael E. Jaronis
Village of M-ount Prospect
VILLAGE CLERK
Carol A. Fields
100 South Emerson Street
Mount Prospect, Illinois 60056
MINUTES
CLOSED SESSION
September 1, 1998
The Closed Session was convened at 10: 17 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, Daniel Nocchi and Irvana Wilks. Staff present
included: Village Manager Michael Janonis, Assistant Village Manager David Strahl and Community
Development Director William Cooney.
Property Acquisition
Village Manager Michael Janonis provided -a summary of his discussion with the Meersmans and
whether the property could be obtained for redevelopment purposes. He had been informed that the
owners would consider selling the property for the right price, however, based on the anticipated
price and the size of the property, it would not be beneficial to consider from the Village standpoint.
He stated that an appraisal will be obtained just to determine what a potential price might be for
Village Board consideration if they do choose to consider the purchase in the future.
Six West Northwest Highway. Manager Janonis stated that he has talked with one of the owners
and the counter was $260,000 which is above the Village offer of $165,000. The owner has stated
he would accept S 185,000 free and clear if the property was considered for condemnation for tax
purposes. The Village Board authorized the Manager to consider offering the purchase of up to
$165,000 if necessary.
Continental Bakery. Manager Janonis stated that he is still awaiting some financial information from
the owners for consideration.
117 South Main. Mr. Janonis stated he is awaiting the owner's appraisal and the owner does not
seem to fear the Village if it were to file a Condemnation Suit.
Community Development Director William Cooney provided an overview regarding the
Clocktower redevelopment with the second building. He stated of the two developers interested in
the building, it appears as if one of them will not be able to meet the anticipated price. He also
discussed the option of including retail on the first floor to increase the value of the building and he
indicated that discussions continue.
Manager Janonis anticipated going before the ZBA if there W8!'e significant changes anticipated
with the building.
Village Board authorized Condemnation to obtain release from Pontarelli for the redevelopment or
the second building.
Northwest Electric. The Village Board reviewed the financial proposal and Manager Janonis stated
that he would like to review the proposal further and would closely scrutinize the justification they
have submitted.
General comments from Village Board members included the following items:
There was a concern raised regarding the proposed cost and whether the costs were truly related to
the items identified by the business owners. There was 8150 a discussion regarding whether thd
Spewack property should be considered for the relocation.
There being no further discussion, the Closed Session adjourned at 10:57 p.m.
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DAVID STRAHL
Assistant Village Manager
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