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AGENDA ITEM #5.4. <br /> REPORT TO <br /> CITY COUNCIL <br /> Date: August 7, 2007 <br /> Subject: Request to Purchase Business Park Lot <br /> Report: The City has received a request to purchase Lot <br /> 3, Block 1 in the Business Park. There is not information <br /> for the Council at this time other than the request letter. The <br /> �. Business Park Committee will meet prior to the Council <br /> meeting and be prepared to make a recommendation to the <br /> Council on August 7 th <br /> Council Action Requested: The Council will be asked to <br /> authorize Staff to draw up a purchase agreement for the <br /> sale of the lot. <br />