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Council moves to enter closed session to discuss potential real-estate purchase/sale
Summary
Chair moved and the council voted to enter a closed session under an Iowa Code provision to discuss purchase or sale of particular real estate where premature disclosure could affect price.
The Denison City Council voted to go into closed session under the Iowa Code citation read into the record to discuss the purchase or sale of particular real estate where premature disclosure could reasonably be expected to increase the price the city would pay or reduce the price the city would receive.
The chair made the motion citing the Iowa Code provision as stated in the transcript; the motion was seconded and roll-call votes were recorded in favor. The council prepared to meet in closed session to discuss the real-estate matter; details of the property, the parties and negotiation positions were not included in the public record.
