File #: 2016-0236   
Type: Agreement Status: Non-Calendar
File created: 3/16/2016 In control: Board of Directors - Regular Board Meeting
On agenda: 8/18/2016 Final action: 8/25/2016
Title: AUTHORIZE the Chief Executive Officer or his designee to: A. AMEND the existing revenue services contract with All Vision LLC by entering into a Second Amended and Restated Contract to clarify the terms of such contract and provide Metro with an additional option to develop new digital billboard signs on Metro property; and B. EXERCISE the four remaining one-year options to extend the Contract for four (4) years commencing September 1, 2016 and ending June 30, 2020.
Sponsors: Planning and Development (Department)
Indexes: Advertising, Budgeting, Carson, Central Los Angeles subregion, City of Los Angeles, Construction, Contractors, Contracts, Division 11, Downey, Gateway Cities (Southeast LA County) Service Sector, Gateway Cities subregion, Inglewood, Long Beach, North Los Angeles County subregion, Payment, Program, Project, Property Agreement, Public service, Revenue Service, Roadside advertising, Safety, San Fernando Valley subregion, Santa Clarita, South Bay Cities subregion, South Bay Service Sector, Strategic planning, Subdivisions, Westside Cities subregion
Attachments: 1. Attachment A - Summary of Contract Amendment Key Terms, 2. Attachment B- Table of Existing Billboard Locations on Metro Property
Meeting_Body
EXECUTIVE MANAGEMENT COMMITTEE
AUGUST 18, 2016

Subject/Action
SUBJECT: OVERVIEW OF BILLBOARD PROGRAM AND REVENUE SERVICES CONTRACT

ACTION: AMEND EXISTING REVENUE CONTRACT WITH ALL VISION LLC

Heading
RECOMMENDATION

Title
AUTHORIZE the Chief Executive Officer or his designee to:

A. AMEND the existing revenue services contract with All Vision LLC by entering into a Second Amended and Restated Contract to clarify the terms of such contract and provide Metro with an additional option to develop new digital billboard signs on Metro property; and

B. EXERCISE the four remaining one-year options to extend the Contract for four (4) years commencing September 1, 2016 and ending June 30, 2020.

Issue
ISSUE

Metro has entered into that certain Revenue Services Contract with All Vision LLC ("All Vision") issued on April 12, 2010, which was amended and restated on November 18, 2013 ("Contract") whereby All Vision seeks and implements, at Metro direction, opportunities for new revenue from new digital outdoor advertising displays on Metro owned property. In implementing the work, the parties have discovered an alternative development option which is not currently contemplated under the Contract, but which is proving to be a viable option for more than one local jurisdiction. Further, the Contract expires on August 31, 2016 and staff would like to exercise the four remaining one-year options to extend the term of the Contract to June 30, 2020. Exercising the remaining options is in recognition of the extended time and effort likely to implement a program within the City of Los Angeles. Finally, upon review of the Contract, there are provisions that need clarification as detailed below.

Approval to amend the Contract to clarify the terms of the Contract, to include an additional alternate development option, and to exercise the four remaining one-year options to extend the Contract requires Board approval.

Discussion
OVERVIEW OF BILLBOARD PROGR...

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