ITEM TITLE:
Approval To Go Into Executive Session Regarding Legal Issues Related to the Proposed Purchase of Lots 10 and 11, Block 2, Alpine Woods Subdivision
SUBMITTED BY: Sheri Pierce, MMC, City Clerk
FISCAL NOTES:
Expenditure Required: N/A
Unencumbered Balance: N/A
Funding Source: N/A
RECOMMENDATION:
N/A
SUMMARY STATEMENT:
Legal has requested an executive session to discuss issues related to the purchase of Lts 10 and 11, Blk 2, Alpine Woods Subdivision. The subject of this executive session conforms to the following statute:
AS 44.62.310.
(c) The following subjects may be considered in an executive session:
(1) matters, the immediate knowledge of which would clearly have an adverse effect upon the finances of the public entity