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Pe1ty <br /> t AGENDA ITEM #5.1B. <br /> Lakes--------- <br /> REPORT TO <br /> CITY COUNCIL <br /> Date: March 3, 2008 <br /> Subject: Gorton Painting <br /> Report: The Economic Development Committee heard a <br /> presentation from BLADC regarding Gorton Painting's <br /> `.- request to purchase a lot in the City's business park. The <br /> EDC voted unanimously to recommend to the City Council <br /> that the attached proposal be accepted. <br /> Representatives from Gorton Painting along with BLADC <br /> will be present. <br /> Council Action Requested: Council motion accepting <br /> proposal from Gorton Painting to purchase Lot 7, Block 4 <br /> of the Pequot Lakes Business Park and to authorize the City <br /> Clerk to sell the lot with the conditions set by Council. <br />