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07-31-24 EDC Agenda Packet
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07-31-24 EDC Agenda Packet
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Capital Improvement Plan 2024 thrtt 2028 <br />City of Arden Hills, Minnesota <br />Project # 25-EDA-001 <br />Project Name Gateway Signs <br />TCAAP No <br />Department Economic Development <br />Contact Community Devl Dir <br />Type Improvement <br />Useful Life <br />Category Economic Devi Improvement <br />Priority n/a <br />Description I <br />Total Project Cost: $310,000 <br />Install gateway signs at major entry points to the City. Potential locations for signs include: (1) Highway 96 at Round Lake Road, (2) Highway 96 <br />at Lexington Avenue, (3) Lake Valentine Road at 35W, (4) County Road E at Lexington Avenue, (5) Lexington Avenue at County Road F, (6) <br />Lexington Avenue at County Road D, and (7) County Road E at Highway 51. Potential sign locations are not listed in order of priority and are <br />subject to change. <br />There are three existing gateway signs in the following locations: (1) County Road E2 at I-35W, (2) County Road D at Cleveland Avenue, and (3) <br />Lake Johanna Boulevard at the Roseville border. <br />Staff has budeeted for the comDletion of an additional eatewav sien in 2026 at a location to be determined. <br />Justification <br />kdvance the economic development goals in the 2040 Comprehensive Plan. Implement the Guiding Plan for the B2 District. Work to better <br />.dentify the entrance points to the City for businesses and visitors. Foster civic pride and community identity. <br />Expenditures 2024 2025 2026 2027 2028 Total <br />Construction/Maintenance 270,000 40,000 310,000 <br />Total <br />270,000 <br />40,000 <br />310,000 <br />Funding Sources 2024 2025 2026 2027 2028 Total <br />EDA General Fund 270,000 40,000 310,000 <br />Total 270,000 40,000 310,000 <br />maintenance costs for sign cleaning and care of landscaping is estimated by the Public Works Department at $500 per sign annually. <br />Produced Using the Plan -It Capital Planning Software <br />121 <br />
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