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Board votes to enter closed session to discuss economic development incentives
Summary
A motion by Alderwoman Sledge, seconded by Mr. Muhammad, to enter executive session under N.C. Gen. Stat. §143‑318.11(a)(4) for economic development negotiations was approved; any contract approvals will occur in open session later.
Near the end of the meeting the Spencer Town Board approved a motion to enter executive session to discuss matters related to the location or expansion of industries and potential incentives in accordance with N.C. Gen. Stat. §143‑318.11(a)(4).
Alderwoman Sledge moved to enter executive session; Mr. Muhammad seconded the motion. The mayor put the motion to a voice vote and the board entered closed session to discuss economic development possibilities and related negotiations. The manager reminded the board that any eventual action to approve contracts or incentives must be taken in an open session.
Ending: The board took a brief recess and convened in executive session. The transcript shows no subsequent open‑session approvals during this meeting; staff indicated any approvals would be presented publicly for board action after closed deliberations.
