Item Coversheet

Council Communication

Department: Legal
Case/Project No.:
Submitted by: Legal Department 		Resolution 19-219
ITEM 4.A.		Council Action: 9/23/2019
Description

Resolution authorizing the Mayor to execute the five year billboard lease agreement with The Lamar Companies.
Background/Discussion

This billboard is located on city property commonly referred to as the DEB parcel. 

We are also in the process of trying to dispose of this parcel in fee so although this has a five year term it may be terminated by giving 90 days notice at any time. 

The attorney for the party we are working with to acquire the property has reviewed the lease and has no objection.

Recommendation

Approval of this resolution.
ATTACHMENTS:
DescriptionTypeUpload Date
LeaseOther9/17/2019
Resolution 19-219Resolution9/17/2019