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Burr Ridge board directs staff to negotiate with Goddard School after reviewing two $2.7M offers for Village Hall
Summary
After presentations from Primrose and Goddard, the Burr Ridge board voted 5–0 to direct staff to begin contract negotiations with Goddard for the sale of Village Hall, citing higher earnest money and no broker fee in Goddard's offer.
The Burr Ridge board of trustees on Nov. 10 directed staff to negotiate with Goddard School over the sale of Village Hall after reviewing two $2.7 million purchase offers.
Village administrator Evan Walter told the board the village received two purchase-and-sale agreements for the property at 7660 County Line Road, both proposing $2,700,000. Walter said the offers differed in earnest-money amounts, broker fees and proposed timelines, and that the board's prior direction was to seek offers yielding at least $2,000,000 net to the village.
Patrick…
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