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PPIC amends purchase agreement for 3920–3930 Burtons Point Road, extending inspection period to Sept. 30, 2025 after closed session

2369484 · January 28, 2025
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Summary

After a closed session about the disposition of real property under the Virginia Freedom of Information Act, the commission voted to amend a purchase agreement for 3920 and 3930 Burtons Point Road to extend the inspection period to Sept. 30, 2025.

The Portsmouth Port and Industrial Commission on Jan. 28 held a closed meeting under the Virginia Freedom of Information Act to discuss negotiation strategy and disposition of real property, then approved an amendment to extend the inspection period for a pending purchase of 3920 and 3930 Burtons Point Road.

Commissioner Rice moved to go into a closed meeting "for the purpose of discussing the disposition of real property review discussion in an open meeting would adversely affect the bargaining position of negotiating strategy of the public body, specifically regarding the disposition of 3920 And 3930 Burns Point Road." The motion was seconded and, after a roll-call, commissioners recorded affirmative votes and the closed meeting was convened.

After the closed meeting the commission returned to open session and approved a motion to amend the purchase agreement to extend the inspection period to Sept. 30, 2025 for the purchase of 3920 and 3930 Burtons Point Road. The motion carried by recorded vote with affirmative votes noted on the roll call (item approved by a vote of 4 to 0 as recorded during the meeting).

The public record shows the commission invoked the Virginia Freedom of Information Act’s closed‑meeting exception for disposition of real property; no additional negotiation terms, purchasers’ names, or appraisal values were discussed in the open session record.