File #: 07-0045    Version: 1 Name: Billboard Relocation Agreement
Type: City Resolution Status: Passed
File created: 3/6/2007 In control: Concurrent Meeting of the Oakland Redevelopment Agency / City Council
On agenda: 6/12/2007 Final action: 6/19/2007
Title: Subject: Billboard Relocation Agreement From: Community and Economic Development Agency Recommendation: Adopt A Resolution Authorizing The City Administrator To Enter Into A Billboard Relocation Agreement With Clear Channel Outdoor, Inc. ("CCO"): (1) Allowing CCO To Remove And Waive Its Rights To Compensation, Including All Real Property And Personal Property Interests, For A Number Of Billboards At Various Locations In Exchange For: (A) Removal Of A Billboard At 381- 5th Street And Construction Of A New Billboard At 377-5th Street; And (B) Removal Of A Billboard At 3420 Louise Street And Construction Of A Billboard On An Adjacent Lot (APN 007-0620-001-04); And (2) Requiring Mr. Libitzky, Property Owner Of 3420 Louise Street, To Make A One-Time Contribution Of $100,000 To The Chabot Space And Science Center And Requiring CCO To Make A One-Time Contribution Of $75,000 To A Cause Designated By The City Council
Sponsors: Community & Economic Development Agency
Attachments: 1. View Report.pdf, 2. 80663 CMS.pdf
Title
Subject:      Billboard Relocation Agreement
From:            Community and Economic Development Agency
Recommendation: Adopt A Resolution Authorizing The City Administrator To Enter Into A Billboard Relocation Agreement With Clear Channel Outdoor, Inc. ("CCO"): (1) Allowing CCO To  Remove And Waive Its Rights To Compensation, Including All Real Property And Personal Property Interests, For A Number Of Billboards At Various Locations In Exchange For: (A) Removal Of A Billboard At 381- 5th Street And Construction Of A New Billboard At 377-5th Street; And (B) Removal Of A Billboard At 3420 Louise Street And Construction Of A Billboard On An Adjacent Lot (APN 007-0620-001-04); And (2) Requiring Mr. Libitzky, Property Owner Of 3420 Louise Street, To Make A One-Time Contribution Of $100,000 To The Chabot Space And Science Center And Requiring CCO To Make A One-Time Contribution Of $75,000 To A Cause Designated By The City Council