Committee OKs new contract with Newman Signs
October 26, 2011 at 1:56 am in The Jamestown Sun
The Jamestown Finance and Legal Committee approved a 15-year extension to the contract allowing Newman Signs to maintain billboards on city-owned property.
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The state of ND could make a lot of money by selling signs to business places like restaurants, gas stations, motels, etc, placed along highways near exits. South Dakota does this and it works quite well.
You have a little McDonalds or Applebees sign right beside the road indicating they are right off that exit. The state gets a yearly fee for these signs and it’s good for business. All the little signs are grouped together for each exit.
The problem is, every time this idea comes up in the ND Legislature, Newman Signs is right there lobbying against it. They apparently want a monopoly on signs in this state.
North Dakota is losing out on at least $1 million a year because of someone’s corporate greed.
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