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Item 4F AudioHonorable Mayor and members of the City Council, Item 4F on tonight’s agenda is to consider approval Approve Option to extend the current contract with Facility Solutions Group (FSG) for the installation of wayfinding signage in an amount not to exceed $125,000. 1 The Wayfinding Sign System Plan was adopted by City Council in April of 2010. The plan provided a recommended design, locations and messages for approximately 65 signs throughout the City. 2 The benifits of a wayfinding sign system in Southlake are to: Promote tourism Emphasize Southlake as a destination Highlight/market key attractions Enhance urban design Reinforce community identity Enhance the visitor’s experience Reduce driver and pedestrian frustration Improve traffic flow Improve roadway safety. In FY 2011 the City Council appropriated $50,000 (Hotel Occupancy Tax Funds) for the installation of Phase I of the signage program. In the spring of 2011, the City selected FSG to fabricate and install the signage. During this past summer, Phase I signage was installed along Carroll Avenue and the SH 114 frontage road. Staff is recommending that the contact with FSG be extended for the fabrication and installation of phases II & III of the program based on the outstanding performance of this company in the fabricating and installation of the phase I program. City Council is expected to approve the recommended wayfinding signage priority list for Phase II & III at its January 20 th meeting. No price increase from the previous contract is anticipated for the fabrication or installation of the signage for the upcoming phases. 5 6 7