(A) The provisions of this article shall not apply to adjudicatory or personnel matters of the organization.
(B) (1) Loan programs involving money appropriated by the city, administered by an organization covered by § 2-5-1 above are exempt from the provisions of this article except that for any loan in the amount of $30,000 or more, the organization shall convey the following information to the Mayor within seven days after the organization's approval of the loan:
(a) Name of recipient (including principals of any corporation);
(b) Address of the recipient;
(c) Amount of loan;
(d) Conditions and terms of loan; and
(e) Location of property affected by loan.
(2) The Mayor shall submit the information to the City Council for review at its next regular meeting. Any organization covered by the provision of § 2-5-1 above administering loan programs involving money appropriated by the city shall submit the information described in this subsection for all loans in the form of a semiannual report to the Mayor and City Council.
(C) An organization covered by the provisions of § 2-5-1 above which receives funds appropriated by the city, but which does not include an elected official, or an appointed administrative official, as a representative of the city, as a member of its governing body, may have its meetings dealing with an agenda not involving funds appropriated by the city exempted from the provisions of this article as follows:
(1) The agenda must be given public notice under the provisions of § 2-5-3 of this article;
(2) The agenda not involving funds appropriated by the city must be a separate agenda from an agenda involving funds appropriated by the city;
(3) The decision of the governing body to close the meeting must be made in an open meeting.
('74 Code, § 12-8-4) (Ord. 51-1979)