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Lowest sign bid is $799,626.45; TIRZ #1 board adds $125,000, unanimously
Emily Koller told the board $675,000 had been budgeted for 30 large and 7 smaller signs, that three bids were received, the lowest $799,626.45 and the other two over $1 million, and asked for a $125,000 budget amendment from the board's surplus. In May 2021 she had put the initial estimate at $642,000 for 32 large signs. The board approved the amendment unanimously.[1][2]
What the sources say
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Koller said the extra money would come from a budget surplus of about $600,000, that one bidder was local and over $1 million, that the City's sign shop would maintain the signs after a 7-year warranty, and that the City owns public improvements installed with TIRZ #1 funds. Jackson Latimer moved and Joseph Peterson seconded; the amendment passed unanimously. Koller said there were no alternative projects in line if it was not approved. [1]
