Floyd County board approves closed session to discuss Floyd Public Service Authority

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 be adversely affected.” The speaker also said the matter concerned the Floyd Public Service Authority.

Board members then confirmed their presence on a roll call. The transcript records names prompted by the person conducting the roll call — "Miss Cook and Book?", "Mister Cox?", "Mister Phillips?", "Mister Booth?", and "mister Turman?" — with affirmative responses recorded for each name. Following the roll call, the board proceeded to enter the closed session on the cited statutory basis.

The motion text as reflected in the meeting was: a motion to go into closed session “under 2.23711(a)(6)” (the transcript shows several typographical variants of the citation). The meeting audio and transcript end shortly after the roll call while the body prepared to move into closed session, and no substantive details of the investment matter or legal advice were discussed in public.

Because the substance of the discussion and any legal advice will have been conducted in closed session, there is no public record in the transcript of specific proposals, dollar amounts, bargaining positions, or legal conclusions from that discussion. Any formal actions or votes taken after reconvening in open session (if any) were not recorded in the provided transcript.

The board scheduled matters for the closed session after a short procedural exchange about switching the agenda, prompted by a board member noting another member had a deadline and needed to leave early. The meeting then moved directly to the closed-session motion and roll call.

Next steps: The board is expected to reconvene in open session if and when the closed meeting concludes; any formal decisions arising from the closed-session discussion should be announced in open session or reflected in subsequent minutes, per applicable public-meeting rules.