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,-- (1 ---\K <br /> City of1 MEMORANDUM <br /> ilk <br /> River TO: Economic Development Authority <br /> Mayor & City Council <br /> FROM: Phil Hals, Street/Park Supt. <br /> DATE: June 17, 1996 <br /> SUBJECT: Historic Downtown Signs <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 /> One possible way to fund these signs is for the EDA to pay half($698), with <br /> 9 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 /> council:histdt <br /> • <br /> 13065 Orono Parkway • P.O. Box 490 • Elk River, MN 55330 • (612) 441-7420 • Fax: (612) 441-7425 <br />