The reservation is diversifying its economic base by agreeing to buy Mount Frontenac Ski and Golf Area in Frontenac. The land will remain on the tax rolls, said Tribal Secretary Lu Taylor. The tribe has no intention of either placing the land in trust or establishing off-reservation gambling. The name will remain the same and all employees will keep their jobs. The transaction is expected to be completed by early April, pending regulatory approval. The purchase price was not disclosed. "This is an important day for our community,'' Taylor said. "It's been a goal of our community to diversify economically so that we are not solely relying on our gaming operation to fund our government.'' The tribe operates Treasure Island Resort and Casino. The tribe will buy the property and operation from Mark and Cathy Nichols of Apple Valley, who also own AmericInn motels in Red Wing, Lake City and Winona. "It's a wonderful fit and we feel comfortable that their vision is consistent with our long-term plans for the area,'' Cathy Nichols said.