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AGENDA ITEM #5.1 <br /> REPORT TO <br /> CITY COUNCIL <br /> Date: May 1, 2007 <br /> Subject: A & B Furniture <br /> Report: The owners of A & B Furniture are proposing to <br /> purchase a lot in the City's Business Park. The Business <br /> Park committee met on April 24t' to hear a presentation <br /> `- from the owners of the company. Information regarding the <br /> business is attached. <br /> The Business Park committee unanimously recommended <br /> approval of A & B entering into a purchase agreement with <br /> the City to purchase the lot. <br /> Council Action Requested: Council motion approving <br /> sale of Business Park Parcel, Block 4, Lot 3. <br />