M E M O R A N D U M 03-16

TO: MAYOR AND HOMER CITY COUNCIL

FROM: MARY L. CALHOUN, CMC, CITY CLERK

DATE: FEBRUARY 3, 2003

SUBJ: REQUEST FOR EXECUTIVE SESSION PURSUANT TO AS '44.62.310(C)(1), MATTERS, THE IMMEDIATE KNOWLEDGE OF WHICH WOULD CLEARLY HAVE AN ADVERSE EFFECT UPON THE FINANCES OF THE GOVERNMENT UNIT.

Mayor Cushing requests an Executive Session pursuant to AS 44.62.310(c)(1), as noted in the subject line above, to discuss the Exxon Valdez Oil Spill settlement with attorney Matthew D. Jamin via teleconference.

RECOMMENDATION:

Approve the request for Executive Session and conduct under New Business as Item A.

Fiscal Note: City Attorney time.