Title
Subject: Billboard Relocation Agreement
From: Community and Economic Development Agency
Recommendation: Adopt an Agency Resolution authorizing the Redevelopment Agency to enter into a Billboard Relocation Agreement with Clear Channel Outdoor Advertising Signs to waive their rights to compensation, including all real property and personal property interests associate for six Billboards located at 1998 and 1972 San Pablo Avenue, 605 Thomas Berkeley Way (20TH Street) and 1975 Telegraph Avenue in the Central District Urban Renewal Area and two double faced billboard structures containing four outdoor advertising signs located at 1414 73rd Avenue, in exchange for the relocation and reconstruction of a prior Billboard along Hegenburger Road in the Coliseum Redevelopment Area
Body
,@%CE OF -HE CiTY CLERK
CITY OF OAKLA :- ' '. L @ ND
Agenda Report 2003 JUL -3 AM 12: 33
TO: Office of the Agency Administrator
ATTN: Robert C. Bobb
FROM: Community and Economic Development Agency
DATE: July 15, 2003
RE: AGENCY RESOLUTION AND CITY RESOLUTION AUTHORIZING
THE CITY TO ENTER INTO A BILLBOARD
RELOCATION AGREEMENT WITH CLEAR CHANNEL OUTDOOR
ADVERTISING SIGNS TO WAIVE THEIR RIGHTS TO
COMPENSATION, INCLUDING ALL REAL PROPERTY AND
PERSONAL PROPERTY INTERESTS FOR SIX BILLBOARDS
LOCATED AT 1998 AND 1972 SAN PABLO AVENUE, 605 THOMAS
BERKLEY WAY (20TH STREET) AND 1975 TELEGRAPH AVENUE IN
THE CENTRAL DISTRICT URBAN RENEWAL AREA, IN EXCHANGE
FOR THE RELOCATION AND RECONSTRUCTION OF A
PRIOR BILLBOARD ALONG HEGENBERGER ROAD IN THE
COLISEUM REDEVELOPMENT AREA
SUMMARY
The Redevelopment Agency's (Agency) acquisition of the six billboards located at 1998 and
1972 San Pablo Avenue, 605 Thomas Berkley Way (20th Street) and 1975 Telegraph Avenue
from Clear Channel Outdoor Advertising Signs (ClearChannel) is required to obtain all the
necessary property rights for land banking purposes in connection with the Central District
Urban Renewal Plan. The...
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