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Floyd County board approves closed session to discuss Floyd Public Service Authority
Summary
The Floyd County board voted to enter a closed session under a cited statutory exception to discuss investment of public funds and to consult with legal counsel concerning the Floyd Public Service Authority; the motion was approved by roll call of members present.
Floyd County — The Floyd County board voted to enter a closed session on a motion to discuss the investment of public funds and to consult with legal counsel regarding the Floyd Public Service Authority.
The motion to move into closed session was raised during the regular meeting and was framed by a statutory citation read aloud by a board speaker. As the statute was read, the speaker described the exception as permitting discussion “of the investment of public funds where competition or bargaining is involved, where, if made public initially, the financial interest of the government unit would…
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