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Committee votes to enter closed session to negotiate affordable housing purchase and development agreement
Summary
The finance committee and economic development committee voted to enter a closed session under Wis. Stat. §19.85(1)(e) to deliberate a purchase and development agreement for a proposed 50-unit affordable multifamily housing project on several Grand Avenue parcels.
The Wausau Finance Committee voted on March 11 to adjourn into a closed session under Wisconsin statutes to deliberate a purchase and development agreement for an affordable housing project.
Alder Henke moved to go into closed session "pursuant to chapter 19.85 sub 1 sub e of the Wisconsin statutes for deliberating or negotiating the purchase of public properties, the investing of public funds, or conducting other specified public business whenever competitive or bargaining reasons require a closed session," relating to approval of a purchase and development agreement with 700 for a proposed 50-unit affordable multifamily housing project at addresses listed in the record as 7080, 4806, 8108, 10814, and 816 Grand Avenue (transcript lists a series of parcel identifiers and Grand Avenue addresses).
Alder McElhinney seconded the motion. The committee conducted a roll-call vote: Alder Tierney—aye; Alder Henke—aye; Alder McElhinney—aye; Alder Gisselman—aye; and the presiding chair also voted aye. The motion carried and the meeting adjourned to closed session. The committee stated that if any action were required in open session, they would reconvene; otherwise the meeting would adjourn while in closed session.
Because the committee moved into closed session under the cited statute, no further substantive negotiation details were disclosed in the public record during the open portion of the meeting.
