closed session to discuss the following:
• Consultation with City Attorney regarding JP – KBS Holdings, LLC Payment Request
What is JP - KBS Holdings? That is a holding company that now owns and manages the Palisades development. You know, Palisades, that stalled development that got former Mayor Laura Maczka twice convicted of federal charges surrounding corruption. Oh yes and along with that there was/is a potential $47 million economic development agreement.