Plans are in the works to “square off” the present McHenry County College campus. Action was initiated at Thursday night’s Board of Trustees meeting following a lengthy executive session.
Three resolutions were then adopted by the Board to put the plan in motion, something that has been in the planning stage for sometime. The property to be acquired is a farm located at 9010 Northwest Highway and adjoins the College’s currently owned property located to the south of this site. The price for the 20-acre site is to be determined by the court. The matter is being handled through condemnation proceedings so the Court can determine the appropriate price.
According to legal documents provided by the board, a $750,000 offer for the purchase of the property was rejected by the owner with a counter offer of $1,500,000 by the property owners' .
The College Board’s attorney, Daniel Curran of Campion, Curran, Dunlop, Lamb, & Cunabaugh, P.C. explained that the matter is going before a court as a fair means to arrive at the correct price for all concerned.
It has been the desire of McHenry County College personnel including the new President, Dr. Vicky Smith, to acquire the property to “square off:” the parcel of property utilized by the College.
Both Dr. Smith and Attorney Curran explained that the matter is going before bankruptcy court as a means to determine a fair price for the property for the benefit of both sides.
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