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AGENDA ITEM #10.2 <br /> <br /> <br /> <br /> <br />REPORT TO CITY COUNCIL <br /> <br />Report Prepared by: Angie Duus <br /> <br />Date: April 1, 2024 <br /> <br />Subject: Purchase Agreement – HOTGL Hotel <br /> <br />Report: See attached Purchase Agreement. <br /> <br />Our City Attorney has reviewed the attached final document, and we are looking <br />for Council approval. <br /> <br />Council Action Requested: Council motion adopting the resolution approving <br />the sale of City owned property described as Lot 1, Block 1, Heart of the Good <br />Life Second Addition to Northern Hospitality Development Group PL LLC for the <br />purchase price of $200,000.