ITEM TITLE:
Approval to Go Into Executive Session Re: (a)Escaped Property (b)TAPS Ad Valorem Tax (c)Pacific Pile and Marine Litigation (d)Alaska Trappers Association Litigation (e)Hillcorp Filing
SUBMITTED BY: Sheri Pierce, 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:
Alaska Statute AS 44.62.310 provides an exception to the Alaska Open Meetings law (AS 44.62.310) which allows the City Council to meet in executive session for the purpose of discussion related to:
1. Matters which involve litigation and where matters of which the immediate knowledge would clearly have an adverse effect upon the finances of the City.
2. Matters which by law, municipal charter, or ordinance are required to be confidential.
Any formal action related to the discussion requiring a motion and vote of the governing body must be done in open session.