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'~ity of <br /> <br />iver <br /> <br />ITEM 5.8. <br /> <br />MEMORANDUM <br /> <br />FROM: <br /> <br />DATE: <br /> <br />SUBJECT: <br /> <br />Economic Development Authority <br />Mayor & City Council <br /> <br />Phil Hals, Street/Park Supt. <br /> <br />June 17, 1996 <br /> <br />Historic Downtown Signs <br /> <br />Murn Beck of the River's Edge Group has been in contact with me regarding <br />the installation of 2' x 6' aluminum signs on the four major highway <br />entrances to the city. Our sign supplier will charge $149 each to make the <br />signs and MnDOT will charge $200 each to raise the existing signs that read <br />Elk River, Population 11,143, and install the historic downtown signs below <br />them. The total cost will be $1,396 for the four signs. <br /> <br />One possible way to fund these signs is for the EDA to pay half ($698), with <br />the other half coming from the street department sign budget. ($698 <br />amounts to over 20 percent of the remaining street department sign budget.) <br /> <br />council:histdt <br /> <br />13065 Orono Parkway · P.O. Box 490 · Elk River, MN 55330 · (612) 441-7420 · Fax: (612) 441-7425 <br /> <br /> <br />