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AGENDA ITEM # 5.2 <br />City of <br />Pequot� <br />Lakes �� <br />REPORT TO CITY COUNCIL <br />Report Prepared br : Rich Spiczka <br />Date: May 1st, 2023 <br />Sub i ect: HOTGL Intent to Purchase <br />Report: <br />Presentation and discussion by representative of Widseth who is representing a <br />potential buyer for a tract of land in the HOTGL development. They would like <br />approval that the city is willing to sell them 5 acres, as defined in their outlined <br />materials in the HOTGL for the development of a hotel. <br />Council Action Requested: Council motion approving negotiating the sale of 5 <br />acres for the development of a hotel. <br />