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it <br /> O R A N G E C O U N T Y 151 <br /> BOARD OF COMMISSIONERS <br /> ACTION AGENDA ITEM ABSTRACT <br /> Meeting Date : February 3 , 1986 <br /> Action A enda <br /> Item # F125 <br /> SUBJECT : NCDOT LOGO SIGN PROGRAM <br /> DEPARTMENT: PLANNING PUBLIC HEARING:_Yes X No <br /> ATTACHMENTS: Letter to CONTACT: Marvin Collins <br /> Board Chair from Bared <br /> Barker (TJCOG) of '12-9-85 ; TELEPHONE NUMBERS: <br /> Planning Director staff Hillsborough 732-8181 <br /> memorandum of 11-8-85 Chapel Hill 967-9251 <br /> Durham 688-7331 <br /> Mebane 227-2031 <br /> PURPOSE: <br /> To inform the Board of new regulations for the <br /> NCDOT LOGO sign program . <br /> NEED : The installation schedule for LOGO signs along <br /> Interstate 40 in Orange County is projected <br /> beyond 1992. Current policy is for NCDOT to pay <br /> for the cost of installation of such signs when <br /> installed in accordance with the NCDOT schedule . <br /> Businesses whose names appear on the LOGO signs <br /> then have 10 years within which to pay back the <br /> installation cost — at no interest . <br /> Given the extended installation schedule , NCDOT <br /> amended the sign program to permit the <br /> installation of LOGO signs ahead of its schedule . <br /> IMPACT: Businesses which qualify may pay upfront for the <br /> installation of the LOGO signs ahead of the State <br /> schedule . All businesses whose logos appear on <br /> the signs would split the installation and <br /> maintenance costs . <br /> A tlypical. intersection installation consisting of <br /> two panels and two directional signs accomodating <br /> up to six Logos would cost approximately $8 , 000 . <br /> The LOGO or traveler information signs may also <br /> be 'i used on all controlled—access highways , not <br /> just Interstates . The installation program is <br /> further intended for non—urban areas and will not <br /> be used within the limits of cities having a <br /> population of 25 ,000 or more . <br /> RECOMMENDATION : <br /> Authorize County staff to inform the businesses of the early <br /> installation option and terms <br />