HomeMy WebLinkAboutSummary FormAGENDA ITEM SUMMARY FORM
FILE ID: /'p —O
Date: 1/31/2011 Requesting Department: B & Z
Commission Meeting Date: 2/10/2011 District Impacted: Citywide
Type: ® Resolution ❑ Ordinance ❑ Emergency Ordinance ❑ Discussion Item
Other
Subject: Second Amendment to Clear Channel Settlement Agreement
Purpose of Item:
Law Department
Matter ID No.
Authorizing the City Manager to execute the Second Amendment to the Settlement allowing seven (7)
additional LED faces.
Background Information:
Clear Channel is one of the three (3) Billboard companies that has entered into settlement agreements
with the City of Miami. In 2009 Clear Channel entered into a First Amendment to the existing
Settlement Agreement to allow for three (3) LED faces. This Second Amendment would allow for
seven (7) additional LED faces in exchange for the removal of thirty-eight (38) structures.
Budget Impact Analysis
No Is this item related to revenue?
No Is this item an expenditure? If so, please identify funding source below.
General Account No:
Special Revenue Account No:
CIP Project No:
No Is this item funded by Homeland Defense/Neighborhood Improvement Bonds?
Start Up Capital Cost:
Maintenance -Cost:
Total Fiscal Impact:
CIP
If using or receiving capital funds
Grants
Purchasin
Chief
Final Approvals
(SIGN AND DATE
Budget
Risk Management
Dept. Director
City Manager O (3---
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