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28J.28 FINAL ACTIONS TO BE RECORDED -- ANNUAL REPORT
-- CONFIDENTIALITY OF INFORMATION.
1. All final actions of the port authority shall be recorded and
the records of the port authority shall be open to public examination
and copying pursuant to chapter 22. Not later than the first day of
April every year, a port authority shall submit a report to the
director of the department of economic development detailing the
projects and activities of the port authority during the previous
calendar year. The report shall include, but not be limited to, all
aspects of those projects and activities, including the progress and
status of the projects and their costs, and any other information the
director determines should be included in the report.
2. Financial and proprietary information, including trade
secrets, submitted to a port authority or the agents of a port
authority in connection with the relocation, location, expansion,
improvement, or preservation of a business or nonprofit corporation
is not a public record subject to chapter 22. Any other information
submitted under those circumstances is not a public record subject to
chapter 22 until there is a commitment in writing to proceed with the
relocation, location, expansion, improvement, or preservation.
3. Notwithstanding chapter 21, the board of directors of a port
authority, when considering information that is not a public record
under this section, may close a meeting during the consideration of
that information pursuant to a vote of the majority of the directors
present on a motion stating that such information is to be
considered. Other matters shall not be considered during the closed
session. Section History: Recent Form
2005 Acts, ch 150, §116
