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ST8801-CS 881028 OCT 2 8 i.'}c't.,,,,,,.~ ", ' 28, 1988 ri'I) : Alan Ratliff, City Manager I.~',!.~- Steve Coram, Director of Public Work~~ RE: Sandy Lake/MacArthur Intersection Signal Staff and myself have met with Billy Rae Newsom, the owner of the signals presently located at the intersections of Cowboy & Beltline and Denton Tap & Beltline, to discuss the options of purchasing those signals or leasing them at the above referenced location. A r-ock bottom price quoted by Mr. Newsom for the two controllers pl~; four detectors, six poles and 18 traffic signal heads with hangers is S7,000.00. Th~s material would be sufficient to install a box sp:-,n intersection with turn signal indicators for MacArthur at Sandy Lake and MacArthur and one additional simple cross or T intersection. To continue the lease after relocating the signals, Mr. Newsom would ~'cqu~re a minimum gauranteed lease of two years at $300.00 per month. cost to install the signals at Sandy Lake & MacArthur would be same in either senario, that cost is $6500.00 without detector Io~,~:.;. Detector loops can be installed at $4.00/ft. The cost to in,.~,~'l.! s~gnals at a minor/simple or T intersection would be $5,000.00 w-i~!~out loops. L;taff would recommend the purchase of the signal materials. SCC : sm cc: Per Birdsall, Street Foreman ]lusseJl Doyle, City Engineer ~-Tayne Ginn, 'Consultant Engineer '!"rank Trando, Deputy City Manager/Finance Director oana Kamp, Sign/Signalization Technician