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Committees vote to enter closed session to negotiate purchase and development agreement for planned 50‑unit affordable housing project
Summary
The Finance Committee and Economic Development Committee voted to adjourn to closed session under Wis. Stat. 19.85(1)(e) to deliberate a purchase and development agreement related to a proposed 50‑unit affordable multifamily housing project at addresses on Grand Avenue.
The Wausau Finance Committee, joined by the Economic Development Committee, voted March 11 to move into closed session under Wisconsin Statute chapter 19.85(1)(e) to deliberate a purchase and development agreement connected to a proposed 50‑unit affordable multifamily housing project at properties listed in the motion.
The motion specified the discussion concerned negotiating the purchase of public property, the investing of public funds, or…
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