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Board delegates execution authority for Mall sale to Executive Director
Summary
After an executive session permitted under the Sunshine Law, the Lorain County Port Authority board authorized its Executive Director to execute the final purchase agreement with IRG for the Mall property; the minutes do not name the Executive Director or disclose sale terms.
The Lorain County Port Authority Board voted to authorize the Executive Director to execute the final purchase agreement with IRG for the Mall property following an executive session. The board's recorded motion instructed the Executive Director to sign the contract on behalf of the authority.
The motion was introduced by Board member D. Gross and seconded by N. Spataro. The roll-call vote recorded in the minutes was Novak Aye; Rabosyuk Aye; Gross Aye; Richards Aye; Nazario Aye; Lee Absent; Spataro Aye. The minutes do not provide the Executive Director's name, the sale price, or other contractual terms.
The minutes note that the executive session was used for matters allowable under the Sunshine Law, such as real estate purchase/sales, which is the statutory justification for holding a closed session for negotiation-sensitive topics. The board's next recorded step is delegation of signature authority; no timetable for execution or public disclosure was recorded in the minutes.
