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Portsmouth Industrial Commission certifies closed session and authorizes $25,000 for American Cruise Lines
Summary
After a closed-session discussion under Virginia Code §2.2-3711(A)(6), the Portsmouth Industrial Commission certified the closed meeting and voted 5–0 to authorize a financial contribution of up to $25,000 to American Cruise Lines; commissioners also approved the Jan. 27 minutes and certified the closed meeting by roll call.
The Portsmouth Industrial Commission voted on Feb. 24 to authorize a financial contribution of up to $25,000 from the PPIC to American Cruise Lines following a closed meeting to discuss competitive investment matters.
Commissioner Peterman moved to enter a closed meeting under Virginia Code §2.2-3711(A)(6) "for the purpose of discussion or consideration of the investment of public funds where competition or bargaining is involved," specifically naming Project CRC and American Cruise Lines. The motion to enter closed session passed on a roll-call vote. After the closed session, the commission certified that only matters lawfully exempted under the Virginia Freedom of Information Act were discussed.
On return to open session the commission voted, by roll call, to authorize the contribution of up to $25,000 to American Cruise Lines; the motion carried 5–0. Earlier in the meeting commissioners also approved the Jan. 27, 2026 minutes with a minor correction noted by Mr. Foster; that approval was recorded as 5–0.
The transcript does not identify the motion maker for the $25,000 authorization beyond the verbal record of a motion and second, and it does not list individual yes/no votes by name beyond the roll-call confirmations recorded during voting. The commission took no further action recorded on Project CRC in the open transcript.
