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Portsmouth EDA convenes closed session to discuss strategic property acquisitions and small business finance
3548083 · March 18, 2025
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Summary
The EDA voted 6‑0 to enter a closed meeting under Virginia Code exemptions to discuss strategic acquisition and disposition of several properties and matters related to the small business finance program; the board certified on the record after the closed meeting that only items identified in the motion were discussed.
The Portsmouth Economic Development Authority voted unanimously on March 18 to move into a closed meeting under the Virginia Freedom of Information Act exemptions for real‑property negotiations and investment of public funds.
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