At a special meeting Nov. 17 Peabody City Council members convened as Peabody Development Corporation and immediately went into a 20-minute executive session for preliminary discussions relating to the acquisition of real property. On return to open meeting, a second executive session was called.
City Administrator Mac Manning and Peabody Economic Development Director Shane Marler were included in both sessions.
On return to open meeting a second time, council members unanimously approved a motion to offer for sale by bid, with the right to refuse any bid, the 26-acre property commonly known as the Peabody Industrial Park at Prairie Lawn Road and U.S. 50 Highway. The motion included a call for bids to be at the city office by Dec. 13.
Members then approved a resolution to designate a signee to update an account at Peabody State Bank held by Peabody Development Corporation.
The group reconvened the meeting as Peabody City Council and entered a third executive session to discuss action necessary for the acquisition of real property. Manning and Marler again were included in the session.
Upon return to open meeting, there was no further business and the meeting was adjourned.