HomeMy WebLinkAboutSummary Form 02-24-11AGENDA ITEM SUMMARY FORM
FILEID:/,2-O/02
Date: 2/14/2011
Commission Meeting Date: 2/24/2011
Requesting Department: B & Z
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 fourteen
(14) 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 seven (7) LED faces. This Second Amendment would allow for
fourteen (14) 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:
Final Approvals
(SIGN AND DATE).
CIP Budget
If using or receiving capital funds
Grants
Purcha •
Chief
Risk Management
Dept. Director
City Manager -0,—C2'_
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