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HomeMy WebLinkAboutItem 06.l Date: Item No. Galaxie Liquor Store Monument Sign Proposed Action Staff recommends adoption of the following motion: Move to accept a proposal from Albrecht Sign Company for the installation of a monument sign at the Galaxie Liquor Store. Overview As part of the 2019 budget, Liquor Operations was provided funds for the installation of a monument sign at the Galaxie Liquor Store with an electronic message center. A monument sign with an electronic message center at this location will provide increased recognition of the Galaxie Liquor Store (anticipated to increase sales by up to $0.78 per transaction) and provide an additional opportunity to advertise or inform the public about community events, parks and recreational programs, and other items of community interest, eliminating the need for the continuous use of unsightly banners. The city requested proposals from several sign companies and received two proposals back. Albrecht Sign Company submitted the most cost-effective and comprehensive proposal with a design consistent with monument signs previously installed at other city buildings. The 2019 budget included $55,000 for the new monument sign and the proposal from Albrecht Sign Company was under budget at $49,045. Staff recommends acceptance of the proposal from Albrecht Sign Company for the manufacturing and installation of the sign. Primary Issues to Consider When will the sign be installed? • After Council approval the sign will need to be manufactured and the foundation installed with an anticipated completion date by the end of August. Supporting Information • Albrecht Sign Company proposal Financial Impact: $ Budgeted: Y☒ N☐ Source: Related Documents: (CIP, ERP, etc.): Envision Lakeville Community Values: Good Value for Public Services Report Completed by: Allyn G. Kuennen June 17, 2019 49,045 Liquor Operations Fund