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Council approves first amendment to economic development agreement with Pennock Point LLC
Summary
After an executive session, the Perry City Council voted to approve the First Amendment to an economic development agreement with Pennock Point LLC; the agreement vote was recorded by roll-call.
Following an executive session, the Perry City Council voted to approve the First Amendment to the economic development agreement with Pennock Point LLC.
A councilmember moved to approve the amendment and a second was recorded; roll-call voting on the motion showed all members present voting yes. The council did not publicly discuss the substance of the amendment in open session beyond approving the amendment and recording the vote.
The meeting record indicates the council had convened in executive session earlier to discuss economic development negotiations and litigation matters related to Van Meadows Lands LLC; those closed-session topics were listed under the meeting’s executive session agenda. City attorney and staff advised the council in executive session on negotiation strategy before returning to open session and taking the recorded vote to approve the First Amendment.
The council’s action to approve the First Amendment was entered into the minutes by roll-call vote. The amendment, as described on the agenda, is an amendment to the previously negotiated economic development agreement with Pennock Point LLC; details of the amendment were handled in executive session and the council approved the amendment in open session.
