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CC Regular Session 7. 7. <br /> Meeting Date: 03/08/2022 <br /> By: Mark Riverblood, Engineering/Public <br /> Works <br /> Information <br /> Title: <br /> Approve the Replacement of the River's Bend Park Monument <br /> Purpose/Background: <br /> The purpose of this case is to authorize the replacement of the entrance monument at River's Bend Park that was <br /> removed due to significant decay in 2020. <br /> Time Frame/Observations/Alternatives: <br /> Observations <br /> In September 2019, the Park and Recreation Commission recommended proceeding with the replacement of the <br /> park entrance sign at the park. In February 2022,the Public Works Committee (PWC) approved the monument's <br /> *design and scope for the purposes of obtaining quotes for the replacement of the large sign, originally constructed <br /> in 1989. Following direction from the PWC, staff issued an RFP, sent it directly to three sign manufacturing firms, <br /> and one quote was received in the amount of$16,580. <br /> * As a favorable notation, the design and scope changes resulting from direction from the PWC resulted in a <br /> monument that will be approximately$4,264 less in cost than initially anticipated. <br /> Observations/Background for public information <br /> Around the year 2006,the city established the Park Maintenance Fund(retitled Capital Maintenance Fund), <br /> recognizing that in about 10 to 15 years into the future, a great deal of the park system's infrastructure would be <br /> approximately 25 to 30 years old,with certain elements needing maintenance work or replacement. In the last few <br /> years, that forecasted activity has been occurring. Recently, the primary water well at Loral I Armstrong Delaney <br /> Central Park has been refurbished; the pergola at Emerald Pond Park replaced, and shelters at both River's Bend <br /> and Emerald Pond Park have benefited from roofing replacements and wood refinishing of the interior roof and <br /> support posts. In the Spring of 2021 the tennis courts at LIAD Central Park were repaired and color-coated, and <br /> also in late 2021 the 25-year old Lake Itasca Boardwalk was approved for replacement in 2022 from the Capital <br /> Maintenance Fund. <br /> Funding Source: <br /> The recommended funding source acknowledged by the PWC,would be the Capital Maintenance Fund, (formally <br /> known as `Park Maintenance Fund')which has a present balance of approximately$1.3M. <br /> Recommendation: <br /> Staff recommends proceeding with the replacement of the monument pursuant to the attached proposal. <br /> Outcome/Action: <br /> Motion to approve Signation Sign Group Inc.'s quote in the amount of$16,580. <br />