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Trustees forward settlement agreement over Cherry Valley Club II properties to Village Board
Summary
Trustees voted unanimously (7-0) to send a settlement agreement regarding the Cherry Valley Club II properties in the Trails of Cherry Valley neighborhood to the Village Board. The minutes do not specify settlement terms.
On July 14 the Committee of the Whole voted 7-0 to send to the Village Board a settlement agreement regarding the Cherry Valley Club II properties in the Trails of Cherry Valley neighborhood. Trustee Scott Kramer moved to forward the settlement agreement and Trustee Brandi Pearse seconded; roll call was unanimous.
The meeting minutes record the action to forward the settlement but do not include details about the settlement’s terms, financial provisions or the parties involved. The board did not discuss the settlement’s substance in the open session minutes; minutes note only that the matter will be transmitted to the Village Board for formal action.
The minutes list the matter as a motion to send approval to the Village Board; specifics about the settlement were not provided in the public record presented in the Committee minutes.
