ITEM TITLE:
Approval To Go Into Executive Session Regarding:
1. Pending Litigation
2. Contractual Liability
SUBMITTED BY: Sheri Pierce, MMC, City Clerk
FISCAL NOTES:
Expenditure Required: Click here to enter text.
Unencumbered Balance: Click here to enter text.
Funding Source: Click here to enter text.
RECOMMENDATION:
Approve executive session.
SUMMARY STATEMENT:
Under AS 44.62.310 the governing body may consider the following subjects in executive session:
(1) matters, the immediate knowledge of which would clearly have an adverse effect upon the finances of the public entity;
(2) subjects that tend to prejudice the reputation and character of any person, provided the person may request a public discussion;
(3) matters which by law, municipal charter, or ordinance are required to be confidential;
(4) matters involving consideration of government records that by law are not subject to public disclosure.
The subjects of discussion with the city attorney regarding pending litigation against the city and contractual liability are matters for which the immediate knowledge would clearly have an adverse effect upon the finances of the city. (AS 44.62.310 (1))