First four units at 31 Fairgrounds receive certificates of occupancy; trust board moves to executive session on property negotiations

Vice Chair Penny Dye reported that certificates of occupancy have been issued for the first four finished units at 31 Fairgrounds — two units each in buildings 1 and 8 — and that they were issued the previous week by the building inspector.

The board then voted to adjourn the public meeting and enter an executive session to consider the purchase, exchange, lease, or value of real property, citing that open discussion could be detrimental to the public body's negotiating position. The motion to enter executive session was made by Chantal Blas Murphy and seconded by Forrest Bell. Roll call votes recorded aye from Chantal Blas Murphy, Forrest Bell, Tom Dixon, Meg Browers and Vice Chair Penny Dye.

The certificates of occupancy signal that several units at the 31 Fairgrounds development are ready for occupancy; the transcript did not record details on next steps for tenant move-ins or a timeline for leasing. The executive session was convened under the meeting's stated authority for a closed discussion of real-property negotiations; no actions or decisions from the executive session were recorded in the public transcript.

The meeting noted upcoming Trust meetings on February 4 and February 18 at 12:30 p.m. and then adjourned the public portion to begin the executive session.