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Developer interested in Trailside Estates in Pequot Lakes

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The Pequot Lakes City Council heard about a proposal for a tax-increment financing (TIF) project at Trailside Estates, a housing development off County Road 112 that stalled several years ago and is now bank-owned.

At the Tuesday, May 6, city council meeting, Brad Person, an attorney for the proposed developer, Eric Johnson of Nisswa, said they are looking to make it economically feasible to develop the property, and are asking the city to consider TIF.

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