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MnDOT has agreed to make a lump sum payment of$506,000 to <br /> the City of Pequot Lakes to cover costs to keep the wastewater <br /> system operational despite the accelerated timetable of the <br /> Highway 371 project. In return, the City will convey fee title of the <br /> property to MnDOT at no cost. <br /> Council Action Requested: Council motion adopting the attached <br /> resolution approving the conveyance of real property and <br /> dispensing with review of the sale of the Planning Commission. <br />