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Council enters closed session to discuss TID and developer agreement for Eugene Hotel project
Summary
The council voted to go into closed session under the cited statute to deliberate a request for a TID number and a developer agreement for an eligible project related to the Eugene Hotel; roll call votes were recorded and the meeting was set to adjourn from closed session.
Near the end of the meeting the council voted to convene in closed session under the statutory exception for deliberating economic-development negotiations and public-funding decisions. The item described a request for a TID (tax increment district) number and a developer agreement for the Eugene Hotel project.
The motion to enter closed session was moved and seconded, the clerk called the roll, and alderpersons recorded aye votes. The council indicated it likely would adjourn from the closed session. No details of negotiations were disclosed in open session.
