Report to Mayor and City Council
Tuesday, July 03, 2018
Special Orders of the Day
SUBJECT:
Title
PUBLIC HEARING TO CONSIDER ADOPTION OF AN UNCODIFIED ORDINANCE NO. 18-1811 OF THE CITY COUNCIL OF THE CITY OF CARSON, CALIFORNIA, APPROVING DEVELOPMENT AGREEMENT NO. 7-18 BETWEEN THE CITY OF CARSON AND CLEAR CHANNEL OUTDOOR, INC. TO REMOVE A STATIC BILLBOARD AND INSTALL AND OPERATE A 65-FOOT HIGH OUTDOOR ADVERTISING SIGN ("DIGITAL BILLBOARD") ALONG THE PORTION OF THE I-110 FREEWAY CORRIDOR, ZONED MH, LOCATED ALONG THE EAST SIDE OF THE I-110 FREEWAY AT FIGUEROA STREET AT APN 7406-026-915 (CITY COUNCIL)
Body
I. SUMMARY
On June 12, 2018, the Planning Commission, recommended approval of a Development Agreement ("Agreement") between the City and Clear Channel Outdoor, Inc., to install one 65-foot high digital billboard along I-110. Staff is requesting the City Council to consider Planning Commission's recommendation to approve this Agreement which allows Clear Channel to remove a static billboard and install and operate a digital billboard, Exhibit Nos. 1 and 2. The Agreement term is for 30 years and would obligate Clear Channel to pay the City a total of $3,525,000.00 during the term of the Agreement. In addition, Clear Channel will remove two existing billboards in the City. In exchange for these City benefits, Clear Channel will have a vested right to develop and operate the digital billboard for 30 years as specified in the Agreement.
II. RECOMMENDATION
Recommendation
TAKE the following actions:
1. OPEN the Public Hearing; TAKE public testimony then CLOSE the Public Hearing.
2. WAIVE further reading and INTRODUCE AN UNCODIFIED Ordinance No. 18-1811, AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF CARSON, CALIFORNIA, APPROVING DEVELOPMENT AGREEMENT NO. 7-18 BETWEEN THE CITY OF CARSON AND CLEAR CHANNEL OUTDOOR, INC. TO REMOVE A STATIC BILLBOARD AND INSTALL AND OPERATE ONE 65-FOOT-HIGH OUTDOOR ADVERTISING SIGN ("DIGITAL BILLBOARD") ALONG THE PORTION OF THE...
Click here for full text