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Village of Kimberly board holds closed session to deliberate TIF District No. 6 property and investments

Village of Kimberly Board · February 17, 2025
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Summary

On Feb. 17, 2025 the Village of Kimberly Board entered closed session under State Statute 19.85(1)(e) to deliberate the purchase of property and investment of funds in TIF District No. 6; the board reconvened at 5:40 p.m. and took no action on the matters discussed.

The Village of Kimberly Board entered a closed session at 5:12 p.m. on Feb. 17, 2025 to deliberate the purchase of property and the investment of funds located in Tax Increment Financing (TIF) District No. 6 under State Statute 19.85(1)(e).

Trustee Lee Hammen moved to enter closed session and Trustee Norb Karner seconded; the motion carried by unanimous vote. The board reconvened in open session at 5:40 p.m. on a motion by Trustee Lee Hammen, seconded by Trustee Tom Gaffney. The minutes state there was no action taken on closed session matters.

The minutes do not disclose details of the property discussion, proposed purchases, or investment decisions (the closed-session provisions of State Statute 19.85(1)(e) permit nondisclosure of deliberations). Any subsequent motions or contracts, if proposed later, would be reflected in future minutes or agenda items.