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Finance Committee votes to enter closed session to deliberate West Riverfront property acquisition

2260563 · February 10, 2025
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Summary

Under Chapter 19.85(1)(e) of the Wisconsin Statutes, the committee voted to go into closed session to deliberate purchase and assembling of properties along the West Riverfront for relocation of the Public Works garage and pedestrian trail acquisition.

The Wausau Finance Committee voted on Feb. 11 to enter closed session under Wisconsin’s open‑meetings law to deliberate or negotiate the purchase of public properties and the investing of public funds related to the West Riverfront.

The chair moved that the committee convene a 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 purchase and assembling of properties along the West Riverfront for the relocation of the Public Works garage and pedestrian trail acquisition." The motion was seconded and a roll call vote followed.

Committee members voted to enter closed session by roll call. During roll call, members answered in the affirmative and the chair announced the committee would reconvene into open session only if action on the item were required; otherwise the meeting would adjourn in closed session.

No substantive details about the parcels, purchase price, negotiating counterparties or the timeline were disclosed in open session; those matters were scheduled for closed deliberation.