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Council votes to enter executive session to discuss negotiation strategy on proposed sale
Summary
Mayor Inkerman moved and the council approved entering an executive session under CRS 24-6-402(4)(e) to determine positions and instruct negotiators regarding a proposed sale referenced in the meeting as the sale of LaFour to Proton; the council left the public meeting at 7:01 p.m. to convene the executive session.
Mayor Inkerman moved to enter an executive session citing state statute for negotiations and instructed that the session would cover positions and negotiator direction related to a potential sale described in the record as the sale of LaFour to Proton. "I move to enter the executive session pursuant to CRS 24 dash 6 Dash4024E, determining positions relative to matters that may be subject to negotiation, developing strategies for negotiation, instructing negotiators regarding the sale of LaFour to Proton," the mayor said.
The motion was seconded, a roll call vote was conducted and the motion passed; the public meeting was closed at 7:01 p.m. for the executive session. No substantive details of the negotiation were discussed in open session; the council indicated the meeting would be adjourned after the executive session.
