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AGENDA ITEM #7.4 <br /> City of <br /> Pequot <br /> Lakes- <br /> REPORT TO CITY COUNCIL <br /> Report Prepared by: Tom Nelson <br /> Date: February 8, 2022 <br /> Subject: Tanker Contract Update <br /> Report: Attached is the updated contract for the Tanker(AFG Grant). The <br /> contract is the same except for the down payment amount, which meets the FEMA <br /> requirement. New down payment amount: $25,000. City has already paid $9,175 <br /> so total due will be $15,825.00 <br /> Council Action Requested: No action required. <br />