Request Legal Help Now - Free


Mt. Prospect Redevelopment

Mount Prospect, IL: (Apr-02-08) Mount Prospect, IL brought an eminent domain lawsuit against the Meersman family, who own three properties, 30 W. Busse Ave., where a hair salon operates, 34 W. Busse Ave., the site of a parking lot and 16 W. Northwest Highway, the Meersman law offices.

Sources on both sides stated that as part of recent negotiations, the Mount Prospect village board agreed to withdraw its eminent domain proceedings against the family and will pay a $1.275 million settlement for the properties that are slotted to be part of a downtown redevelopment project. Additionally, under the terms of the settlement agreement, Mount Prospect will pay attorney fees and moving expenses up to $175,000. Sources stated that the resolution was reached despite Trustee Paul Hoefert's dissension, who said that the property was not worth as much as the village is paying. [DAILY HERALD: MT. PROSPECT REACHED SETTLEMENT WITH MEERSMAN FAMILY]

Legal Help

If you have a similar problem and would like to be contacted by a lawyer at no cost or obligation, please click the link below.
Published on Apr-3-08


Fields marked * are mandatory. Please read our comment guidelines before posting.


Note: Your name will be published with your comment.

*Email Address:

Your email will only be used if a response is needed.
*Your Comment:

Are you the defendant or a subject matter expert on this topic with an opposing viewpoint? We'd love to hear your comments here as well, or if you'd like to contact us for an interview please submit your details here.

Request Legal Help Now! - Free