I have it on good authority that the UFO sighting was an explorer ship that was out scouting new locations to host their annual "Flying Saucer Week". Apparently news of Laconia Bike Week has spread throughout the universe, and so Laconia was being scouted as a potential location for FSW2011.
Also from what I am told, it's unlikely the event will end up in Laconia though. There was some friction about how many saucers could be tied off together in a group and also some issues about a NSBZ (No Sonic Boom Zone).
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