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Committee to review alleged failure under 2016 Racekovic development agreement
Summary
The committee listed a closed-session item to discuss alleged failures to meet purchase obligations under the 2016 Racekovic development agreement for land in the North Industrial Park; no specifics were made public before the closed session.
The Chair said the second closed-session item would address "failure to meet purchase or obligations in the 2016 Racekovic development agreement for land purchase and development in the North Industrial Park." The committee moved to consider the matter in closed session following a unanimous roll-call vote.
The transcript records only the agenda description; the Chair did not provide public details about which obligations or parties are alleged to have failed to perform. The committee indicated the matter required closed-session discussion for reasons of negotiation or potential legal sensitivity, and said it would reopen to consider any subsequent action after the closed session.
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