HomeMy WebLinkAboutItem FAGENDA REPORT
DATE: February 25, 2002
TO: Honorable Mayor and City Council
FROM: John B. Bahorski, City Manage4
SUBJECT: Bus Shelter Amendment #1
SUMMARY OF REQUEST:
That Council agrees to assignment of Metro Display Advertising, Inc.'s interest, rights
and obligations under the Agreement for Bus Shelters to Clear Channel Outdoor and
extend the term of the agreement for an additional five years.
BACKGROUND:
The City entered into an agreement for bus shelters with Metro Display Advertising, Inc.
in January, 1997. Eller Media Company, a subsidiary of Clear Channel Communications
purchased Metro Display Advertising and on July 1, 2001, changed the name to Clear
Channel Outdoor. Under the terns of the existing agreement, Clear Channel Outdoor is
requesting to extend the tern of the Agreement for five years until January 12, 2007.
Amendment #1 has been reviewed and approved by the City Attorney.
FISCAL IMPACT:
Minimum of $49,200 received per year.
RECOMMENDATION:
That Council approve Amendment #1 to extend the term of the bus shelter agreement for
an additional five years and accept the name change and corresponding interest, rights
and obligations from Metro Display Advertising, Inc. to Clear Channel Outdoor.
Agenda Item �—
March 14, 2002
Mr. Layne Lawson
Public Affairs Representative
Clear Channel Outdoor
1550 West Washington Boulevard
Los Angeles, California 90007
Dear Mr. Lawson,
Forwarded are two (2) copies of Amendment No. 1 to the
Agreement for Bus Shelters to be signed by Clear Channel
Outdoor. The Amendment was approved by the Seal Beach City
Council at their regular meeting of March 11t', 2002.
Upon execution of the Amendment by Clear Channel Outdoor,
please return one (1) fully executed copy to the City to my
attention. Thank you.
Very truly yours,
Joanne M. Yeo, City Clerk
City of Seal Beach
Encl.
CLEARCHANNEL
OUTDOOR
December 20, 2001
John Bahorski
City Manager
City of Seal Beach
211 Eighth Street
Seal Beach, CA 90740
Dear Keith:
Per our agreement with the City of Seal Beach, Clear Channel Outdoor is requesting to extend our
contract for an additional five years. We are current with all payments and terms of the agreement
and have performed all aspects of the contract in compliance with the conditions we agreed.
Please let us know what we need to prepare or provide in order to facifitate this process. If you have
any questions, please feel free to contact me directly at (323) 730 -4234.
Stan ly,
Layne Lawson
Public Affairs Representative
Clear Charnel Outdoor
323 - 730 -4234
Layne Lawson
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Los Angeles. CA 90007
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CLEARCHANNEL
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April 10, 2002
Joanne M. Yen, City Clerk
City of Seal Beach
City Hall, 211 — 8'h Street
Seal Beach, CA 90740 -6379
Dear Ms. Yee:
Per your request, I am returning the executed copy of the Amendment No.I of our transit
shelter contract with the City of Seal Beach.
I you have any questions or need to contact me for any reason, please call 323, 730 -4234.
Sincerely,
CLEAR CHANNEL OUTDOOR, INC.
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Public Affairs Representative
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