Title
Subject: Billboard Relocation Agreement
From: Community and Economic Development Agency
Recommendation: Adopt a Resolution authorizing the City Manater to enter into a Billboard Relocation Agreement on behalf of the City 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 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
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WFICE OF HE C;-@ CLERK
- 1, ,, :, 1 DOAKLAND CITY COUNCIL
2003 JUL -3 AM 12: 32
Resolution No. C. M. S.
tNTRODUCED BY COUNCILMEMBER
A RESOLUTION AUTHORIZING THE CITY MANAGER TO ENTER INTO A
BILLBOARD RELOCATIONAGREEMENT ON BEHALF OF THE CITY 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 (20TI 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.
WHEREAS, the acquisition by the Oakland Redevelopment Agency (Agency) of the six
billboards located at 1998 and 1972 San Pablo Avenue, 605 Thomas Berkley Way (20th Street)
and 1975 Telegraph Avenue firom Clear Channel Outdoor Advertising Signs (Clear Channel) is
required to obtain all the necessary property rights for land banking purposes in connection with
the Central District Urban Renewal Plan; and
WHEREAS, the acquisition of these six property interests is consis...
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