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Wausau committee adjourns to closed session to discuss possible purchase of 130 First Street

City of Wausau Economic Development Committee · November 5, 2025
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Summary

On Nov. 4 the Economic Development Committee voted unanimously to adjourn into closed session under a cited Wisconsin statute to deliberate and negotiate a possible purchase of 130 First Street; the committee did not return to open session on the record.

A motion to adjourn into closed session to deliberate negotiations over a potential purchase of 130 First Street in Wausau was made and approved during the Nov. 4 Economic Development Committee meeting.

Alder Neal moved "that we adjourn to closed session pursuant to 19.85 sub 1 subia of the Wisconsin statutes for deliberating or negotiating the purchasing of public properties, investing of public funds, or conducting other specified public business whenever competitive or bargaining reasons require a closed session" specifically citing the purchase of the property at 130 First Street in Wausau. Alder Tierney seconded the motion and members voted 'aye.' The chair indicated the group would not return to open session for further public business and the meeting went into closed session.

The committee recorded the statutory citation on the public record and the vote to move into closed session; details of deliberations and any outcome from the closed session were not discussed in open session.