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<br />Case # 1 <br /> <br />CONSIDER P ARTICIP ATION IN SUNFISH COMMONS SIGN PLAN <br /> <br />By: Sean M. Sullivan, Economic Development Coordinator <br /> <br />Background: <br /> <br />The Ramsey EDA discussed the Sunfish Lake Boulevard construction project and the potential <br />impacts of the installation of the median. Staff was directed to work with area businesses to <br />identify actions that could be taken to help mitigate the pending impacts of the construction. At <br />the February 14, 2008 meeting the Gaughan Companies presented a plan to build new, and <br />enhance existing, signage to help mitigate the potential impacts of the median. The plan and <br />relevant information from that meeting has been attached. The EDA directed the Gaughan <br />Companies to bring back real costs for each sign that was proposed. The EDA should review the <br />new proposal and determine what level of participation is adequate. <br /> <br />Observations: <br /> <br />The proposal set forth by the Gaughan Companies includes implementing five signs. Quotes for <br />these signs are itemized as requested and the total cost, less permits, is $33,580. The sign types <br />range from Monument Style to MN DOT style but all serve the same purpose which is to direct <br />traffic into Sunfish Commons. The intent of constructing these signs in a timely manner is to <br />help change traffic patterns prior to the median being constructed. The LED Message center sign <br />serves as a beacon for the development and it would better identify the specific tenants that are in <br />the center. Staff recommends [mancial participation in this project to help mitigate the potential <br />negative impacts of the Sunfish Lake Boulevard median construction. At the previous meeting <br />the Gaughan Companies requested the full cost of the signage to be picked up by the EDA. Staff <br />recommendation is to share the costs of the proposed sign project as presented. <br /> <br />Funding Source: EDA Budget <br /> <br />Staff Recommendation: <br /> <br />Recommendation that the EDA financially support the proposed sign plan at a _ % level and <br />partner with Sunfish Commons. <br /> <br />EDA Action: <br /> <br />Based on Discussion. <br /> <br />EDA: 3.20.08 <br /> <br />9 <br />