Committee votes to enter closed session to discuss land contract on 21st Street

The Finance and Taxation Committee voted to go into closed session to deliberate and negotiate a land contract and the sale of city property on 21st Street under Wisconsin State statute 19.85(1)(e).

The chair introduced the item, citing Wisconsin law: "business closed under Wisconsin State statute 19 85. 1 e deliberating or negotiating the purchasing of public properties, investing of public funds or conducting other specific specified public business whenever competitive or bargaining reasons require a closed session and it's discussion regarding land contract and sale of city property on 21st Street." A committee member moved to go into closed session and the motion was seconded. The clerk called the roll; Alder Schafer, Alder McGuire and Alder Tolman were recorded as voting Aye and the chair announced the committee would proceed into closed session and adjourn from there.

Because the meeting moved to a closed session under the statutory exception for deliberations on negotiating public property transactions, no further public details about the land contract or negotiation strategy were disclosed on the record. The committee indicated it would adjourn from the closed session.