Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Economic Development topic
No spam. Unsubscribe anytime.
Board votes to go into closed session to discuss bargaining posture on potential TID 4 developments and property offers
Summary
The Village of East Troy board voted to enter closed session under Wisconsin Statute 19.85(1)(e) to discuss bargaining strategies and possible offers to purchase properties related to prospective TID 4 development.
The Village of East Troy board voted Thursday to move into closed session under Wisconsin Statute 19.85(1)(e) to discuss bargaining posture and negotiation strategy for possible future Tax Increment District (TID) 4 developments and potential offers to purchase properties.
Village President Johnson made the motion, seconded by a trustee, and the board conducted a roll-call vote; all trustees present voted in favor. The item was placed on the agenda to allow the board to discuss negotiation strategy and possible offers to purchase land that could be included in a future TID 4 development.
No substantive negotiation details or terms were disclosed in the public session; the board entered closed session to conduct its confidential bargaining discussion under the cited state statute.
