Title
Consider a resolution authorizing the Mayor to execute an Agreement to Maintain a Non-Conforming Billboard with Lamar Advantage Holding Company.
Body
On December 5, 2013, City Council approved a 10-year agreement with Lamar Advantage Holding Company to remove two existing non-conforming billboards in exchange for the City permitting Lamar to update one existing billboard to digital display, located at 16912 ½ IH 35. The non-conforming billboard agreement will expire on December 31, 2023.
Lamar Advantage Holding Company has reviewed and signed a revised agreement to continue the display and maintenance of the non-conforming digital billboard. As part of the agreement, Lamar agrees to continue to comply with all Texas Department of Transportation’s regulations regarding billboards and City building code requirements.
The existing billboard was structurally inspected on July 6, 2023; said inspection report has been provided by Lamar to the City. Lamar agrees to perform a structural inspection every five (5) years from the date of the last inspection in order to demonstrate the continued structural integrity of the sign. Lamar agrees to provide the City with a copy of each inspection report. Additionally, Lamar agrees to reserve one (1) slot for the City’s use for every day of the calendar year. Lamar also agrees to offer additional time slots, free of charge, to the City as and if available.
The City will perform an annual audit to verify that Lamar is in complete compliance with the terms of this agreement. Lamar agrees to pay to the City an annual fee of $750.00 on the anniversary date of this agreement to reimburse the City for the cost of performing this audit. The annual fee will increase by ten (10) percent every ten (10) years. As part of the annual audit, Lamar agrees to provide the City with a copy of its annual permit from TxDot.
This agreement shall remain in effect in perpetuity, provided Lamar is in compliance with the terms and conditions ...
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