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AGENDA ITEM #5.1 <br /> REPORT TO <br /> CITY COUNCIL <br /> Date: July 3, 2007 <br /> Subject: Lonesome Cottage Business Park Proposal <br /> Report: The attachments for this item are incomplete. We <br /> will hopefully have the final information ready by Monday. <br /> `.- The enclosed proposal from BLADC was presented to the <br /> Business Park Committee on June 21, 2007. The Business <br /> Park Committee met and made the recommendation to sell <br /> four lots in the Business Park to Lonesome Cottage. <br /> Following the Business Park Committee meeting, a <br /> subcommittee was formed to discuss the specifics of the <br /> proposal and to make a recommendation to the Council. <br /> The committee met and made the recommendations as <br /> stated on the attachment to Lonesome Cottage. <br /> Lonesome Cottage then requested to discuss the <br /> recommendations. Council Members Oraskovich and Ryan <br /> met with Mr. Anderson to further negotiate the terms. <br />