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10/15/2001 MINUTES OF THE EXECUTIVE MEETING OF THE PRESIDENT AND BOARD OF TRUSTEES, VILLAGE OF BUFFALO GROVE, COOK AND LAKE COUNTIES, ILLINOIS HELD IN THE LEGISLATIVE CONFERENCE ROOM ON MONDAY, OCTOBER 15, 2001 The Executive Meeting convened at 9:53 P.M. Those present were: Elliott Hartstein, Village President; John Marienthal, Jeff Brannan, DeAnn Glover, Jeff Berman, Chuck Johnson and Bruce Kahn, Village Trustees; William Balling, Village Manager; William Raysa, Village Attorney; and Janet Sirabian, Village Clerk. The reason for the Executive Meeting was to discuss Sale of Real Estate. • The topic of discussion related to Sale of Real Estate - President Hartstem brought the Board up to date on an offer to purchase real estate by Mark Avis of Avis Investments Inc., details of which are contained in Mr. Avis' letter to him of October 15, 2001 The Executive Meeting terminated at 10:05 . Jaft-ef Sirabian, Village Clerk On 11/19/01, it was moved by Braiman, seconded by Glover, to approve the above Executive Meeting minutes, Upon roll call, Trustees voted as follows: AYES: 6 - Marienthal, Brannan, Glover, Berman, Johnson, Kahn NAYS: 0 - one Motion declared carried. On 11/19/01, it was moved by Braiman, seconded by Glover, to authorize release of the above Executive Meeting minutes, Upon roll call, Trustees voted as follows: AYES: 6 - Marienthal, Braiman, Glover, Berman, Johnson, Kahn NAYS: 0 - one Motion declared carried. Janet-M. Sirabian, Village Clerk