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5. 2. <br />Public Works Committee <br />Meeting Date: 10/17/2023 <br />Primary Strategic Plan Initiative: Strengthen and enhance our identity, brand and image. <br />Title: <br />Consider Replacement of Entrance Monument at TH #47 and Bunker Lake Boulevard <br />Purpose/Background: <br />Around the later 1990's, the city placed an entrance monument at the NW intersection of Bunker Lake Boulevard <br />and St. Francis Boulevard and several years ago, an automobile crash destroyed this same sign. The entrance <br />sign to the city was not replaced, due to the substantial construction taking place at this intersection, which has <br />now been completed. <br />The purpose of this case is to ascertain if the Committee wishes to recommend to City Council the replacement of <br />the entrance monument at this time. <br />Time Frame/Observations/Alternatives: <br />Staff will highlight some of the details and manufacturing and installation timeline of the proposed project at the <br />meeting, as well as respond to Committee member questions and ideas for proceeding. <br />Funding Source: <br />Staff s recollection is that approximately $4,500 was received from the motorist's insurance company that <br />destroyed the original sign. The manufacture and installation of the new entrance monument is estimated at <br />approximately $25k to $35k, and a modest landscape treatment for around the sign may be less than <br />$1,000. (Staff anticipates having a quote or a not -to -exceed cost for the entrance monument available <br />at the meeting.) Staff also requests direction from the Public Works Committee on the proposed <br />funding source. Included within the first attachment is the Economic Development Authority's <br />year-to-date budget as of August 31 st, 2023. <br />Recommendation: <br />Staff does not have a specific recommendation at this time. <br />Outcome/Action: <br />Based upon discussion. <br />Attachments <br />Exhibits <br />Sign manual <br />Form Review <br />Inbox Reviewed By Date <br />Bruce Westby Bruce Westby 10/12/2023 01:31 PM <br />Brian Hagen Brian Hagen 10/12/2023 03:07 PM <br />Form Started By: Mark Riverblood Started On: 10/10/2023 09:50 AM <br />Final Approval Date: 10/12/2023 <br />