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Motion carried. Voting Yes: Chairperson Wiyninger, Members Johnson, Stewart, Howell, <br /> Lindahl, MacLennan, and Riley. Voting No: None. Absent: None. <br /> Economic Development Manager asked the applicant what the time frame was for opening the <br /> restaurant. <br /> Mr. Swanson stated that the lease commencement is January 1st with an estimated 12 weeks of <br /> construction and anticipated opening on May 1st <br /> 4.02: Consider EDA Funding for Replacement of Entrance Monument at TH #47 and <br /> Bunker Lake Boulevard NW <br /> Economic Development Manager Sullivan presented the staff report. <br /> Member Johnson asked what the sign used to look like as she could not recall. <br /> Member Riley commented that it was a smaller sign that was lit but did not match any of the other <br /> City signs. He noted that it did not stand out. <br /> Member Johnson stated that there has not been a sign in that location for a few years and she had <br /> not noticed the previous sign. She asked if that would be the proper focal point and perhaps those <br /> funds would be better allocated in another location. <br /> Economic Development Manager Sullivan stated that he likes signage that is done right and looks <br /> good. He agreed that the previous sign did not stand out. He commented that the Public Works <br /> Committee and Parks put a lot of thought into this to ensure that it will look nice and stand out. <br /> He noted that other communities have this type of signage at key entry points into the community. <br /> He stated that location does have a lot of eyes on it and trusted that the design is something that <br /> will be seen and will be a landmark. He stated that he does support the sign and noted that there <br /> is a significant EDA fund balance that has not been touched for a number of years and would <br /> consider this to be a capital expense as there should not be much for ongoing maintenance costs. <br /> He believed that there would still be funds to do other things in the COR and this expenditure <br /> would not limit the ability to do other projects in the future. <br /> Member Johnson stated that she does like the sign and was just questioning the location. <br /> Member Lindahl commented that perception is exactly why the sign should be there to alert people <br /> to the break between Anoka and Ramsey. She stated that the COR is easily identified as Ramsey <br /> while that area may be confusing as to where Anoka and Ramsey split. <br /> Chairperson Wiyninger agreed that it will be helpful to extend the branding to that edge and put <br /> the Ramsey stamp there. <br /> Member Riley stated that the City does have an existing location for the sign as well, which is <br /> helpful. He stated that they are limited as to what can be done in that location and this does follow <br /> Economic Development Authority/December 14, 2023 <br /> Page 3 of 6 <br />