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Jury
to decide land dispute
By
Marni Pyke Daily Herald Staff Writer
Posted Wednesday, August 11, 2004
The DuPage County Forest Preserve District wants a jury
to decide how much a bitterly contested property in Wayne
is worth.
District
leaders announced Tuesday they were abandoning efforts to
reach an out-of-court settlement for 370 acres owned by
the Oliver-Hoffmann Corp.
"It
was quite evident negotiations were not going anywhere,"
board President Dewey Pierotti said. "Trying to get
a good settlement was impossible."
The
Hoffmann saga goes back to 1998 when the forest preserve
filed a condemnation lawsuit to acquire 200 acres in far
northwest DuPage. In 2001, the district went to court to
obtain the remainder of the Hoffmann site.
Landowner
Camille Hoffmann also sued the district and the village
of Wayne for trying to take the property. The Oliver-Hoffmann
Corp. wants to build homes on the land.
Attorney
Henry Vess, who represents the Hoffmann family said his
clients did not want to comment at this time. But Pierotti
said he was confident "the judge and jury will be able
to resolve all the issues hanging out there."
Numerous
Wayne residents who have lobbied the forest preserve to
keep houses off the land applauded the news.
"I
think it's a splendid effort on the forest preserve's part
to conserve some of the last open space in DuPage County,"
said Robert Gault of Wayne.
The
property, near Army Trail and Powis roads, is sandwiched
between two historic districts in Wayne. It once was home
to a farm featured in the 1893 Chicago World's Fair where
Percheron horses were bred. The site contains valuable wetlands,
officials said.
Sources
said the district's original offer was around $25,000 an
acre while the property owner sought thousands more.
At one
point this year, district officials thought they couldn't
afford to buy the entire 370 acres. But after identifying
new sources of funds, they decided to proceed, Pierotti
said.
The
additional revenues could provide money that the district
could borrow without having to go to the voters. As old
loans are retired, agencies like park districts and forest
preserves can extend debt without having to raise tax rates.
However, such non-referendum bonds carry higher interest
rates than those which must be voted on.
The
district used that financing method when it bought the St.
James Farm property near Warrenville.
Commissioner
Roger Kotecki of Carol Stream, who is an attorney, contends
the case will likely take years to decide.
That
means the district could use state grants or revenues from
improved interest rates on investments to fund the Hoffmann
purchase, rather than non-referendum bonds, he noted.
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