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DIA enters executive session on STILFAB and 1903 Arkansas land matters; no action taken
Summary
The Durant Industrial Authority met in executive session March 4 to discuss a land sale, property appraisal and related negotiations involving STILFAB and a parcel at 1903 Arkansas; trustees returned to open session with no votes taken and staff will continue to pursue resolution on STILFAB matters.
The Durant Industrial Authority moved into executive session on March 4 to "discuss land sale property and appraisal" concerning STILFAB and a parcel identified as 1903 Arkansas, the chair announced before the closed-door session.
The board recessed for an executive session and later reconvened in open session. Chairman Brett Rogers reported after the meeting that there was no formal action taken on agenda item 5(a) related to STILFAB; he said "Kathy's gonna continue working, towards resolution there, so no vote needed." He also said there was no action on agenda item 5(b).
Trustees voted by roll call to enter the executive session and to return to regular session; the roll-call votes on both motions recorded Yes from Trustee DeWald, Trustee Kuykendahl, Trustee Rudolph, Trustee Tucker and Chairman Rogers. The meeting then concluded with a motion to adjourn, which passed by the same roll-call affirmative votes.
Because the board met in executive session, the transcript does not record deliberations that took place behind closed doors; the open-session report states only that staff will continue to pursue resolution on the STILFAB matter.
