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• Estimate from Falls Flag Source calculates the maintenance cost to be <br /> approximately $2,957 per year. <br /> Donation Received <br /> • On June 29, 2016, the City received a generous donation of$150,000 to <br /> develop a state flag display in Trailside Park. <br /> • On August 2, 2016, the Pequot Lakes City Council adopted Resolution <br /> 16-17 accepting this Trailside Park donation and designated it for the design, <br /> development, and construction of a state flag display. <br /> • To date, the City has expended $1,493.75 of this donation. <br /> Also, attached is a spreadsheet breakdown of the above costs for Council review <br /> and discussion. <br /> Council Action Requested: Council motion accepting the quotes from Falls Flag <br /> Source in the amount of$91,161 and Anderson Brothers in the amount of <br /> $14,869.66 for a total amount of$106,030.66 for the Flag Display Project to begin <br /> construction after Labor Day 2019. <br />