Egidi v. Town of Libertyville

Plaintiff, Mario Egidi, filed a complaint alleging that defendant Town of Libertyville (Libertyville) purchased certain land from defendant Bank of Highland Park (Bank) but had no statutory authority to enter into the transaction. The trial court granted motions to dismiss filed by both defendants and ruled that Libertyville had the authority to purchase the land pursuant to the Township Open Space Act (Act) (Ill. Rev. Stat. 1987, ch. 139, par. 321 et seq.). Plaintiff now appeals.

We note that in September 15, 1987, defendant Libertyville purchased the subject property from defendant Bank in a…