I. Council Action Requested.
Title
To enter into executive session in accordance with Title 1 MRSA §405 (6) (C) for the discussion or consideration of the condition, acquisition or the use or real or personal property permanently attached to real property or interests therein since premature disclosures of the information would prejudice the competitive or bargaining position of the Town.
Body
II. Basis for Council Action.
Council approval of this item is required because;
a. The proposed article contemplates “the discussion or consideration of the condition, acquisition or the use or real or personal property permanently attached to real property or interests therein since premature disclosures of the information would prejudice the competitive or bargaining position of the Town” and
b. The Town Council is the legislative body of the Town pursuant to Article II, Section 3(I) of the Charter.
III. Issue Summary.
Pursuant to Title 1 MRSA §405(3) a three-fifths (3/5) majority vote is required to enter into executive session.