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HomeMy WebLinkAboutAgenda Report - January 2, 1992 (50)00 or CITY OF LOD AGENDA TITLE: Renewal of Contracts with National Advertising Company for Rental of Two Billboards Located on Highway 99 Entrances to the City of Lodi MEETING DATE: January 2, 1992 PREPARED BY: City Clerk RECWIElMEO ACTION: That the City Council approve the renewal of contracts with National Advertising Company for rental of two billboards located on Highway 99 entrances to the City of Lodi. BACKGROUND WOMATiON: The renewal contracts with National Advertising Company for the rental of :w© billboards located on the Highway 99 entrances to the City of Lodi have been received. These are painted boards and the rental fee includes painting or repainting of the boards yearly. The term of these agreements is for 36 months. The effective date of these renewals and the monthly unit charges will be as follows according to the terms of the renewal agreements. LOCATION EFFECTIVE DATE MONTHLY UNIT CHARGE Highway 99, East side March 1, 1992 5814.00 0.5 miles s/o Armstrong Road Highwa 99, West side April 1, 1992 $814.00 n/o Mtier Road The monthly unit charge shown above is applicable only to the first 12 months of the agreement term. A 9-1/2% per year increase in the monthly unit charge will be applicable to each succeding year, coanencing on each anniversary of the E fective date of this agreement. APPROVE t` THOMAS A. PETERSON FOCYCIod oma. City MaII C0UNC094/TXTA.02J/c0UNC0M CC-' Renewal of Contracts wit, dtional Advertising Company January 2, 1992 Page Two Listed below is a monthly rental cost breakdown per board on these billboards over the past several years: 1975 1981 1986 1989 $175 5260 5420 5590 FUNDING: Funds included in the 1991/92 budget - Community Promotions . 1 i c e W. Reimche City Clerk MR/imp rn'JNC094/TXTA.02J/COUNCOr4 CITY COUNCJI MMES W. PINKERTON, Mayor PFI.LPA. PENNIN() Mayor Pro Tempore DAVID M HINCHMAN JACK A SIEGLOCK JOHN R. (RuKdy) SNIDER CITY OF LODI CITY HALL, 221 WEST PINE STREET P.O. sox 3006 LODI. CALIFORNIA 95241.1910 (209) 334-5634 FkX (20% 33I-6795 January 7, 1992 As. Sarah E. Colburn Administrative Assistant National Advertising Company 2050 W. Fremont Stockton, CA 95203-1913 Re: Lease Nos. 040410 and 007077 Dear Sarah: THOMAS A. PETERSON City xUriaK, ALICE Ni. itElmCHE City Cle! 600 McNATT City Mow% Pursuant to our telephone conversation of this date, enclosed please find the executed renewal contract for the above referenced billboards located on Highway 99, east side, 0.5 miles S/0 Armstrong Road and on Highway 99, west side, N/0 Peltier Road. The yearly percentage escalation on each contract has been amended to 9-1/21: and these changes have been initialed. Please return a fully executed copy of each agreement to this office at your earliest convenience. Should you have any questions, please do not hesitate to call. Very truly yours, Alice M. Reimche City Clerk AMR/jmp Enclosure National Advertising „ompany s 2050%1 Fremont Stockton. CA 95203 1913 (249) 466 5021 Fax (209) 466.6013 T-" C�ct.cter 3, 1991 City of Lodi Attn: Alice Reimche 221 West Pine Street Lodi, CA 95240 RE: Lease #'s 040410 & 007077 De ax Alice: Enclosed are the renewal contracts and fact sh+ets for the locations at east side hwy 99, 0.5 miles south of Arrmtrong Road, Lodi, facing south 8 West side hwy 99, 50' north of Pei ti.er Road, Lodi, facing north- Please orth_Please sign and return to the Stcckton office in the self-addressed staffped return envelope provided for your convenience. Should you have any questions, please feel free to give Dave Spencer a call at 209/466-5021. Thank you for your business. Sincerely, 3M NA K NAL ADVERTISING CD. Sarah £ . Col bi: rn Administrative Assistant /sec Enclosures cc: Dave SFx-neer File Location Sheet FACT SHM LOCATION: Highway 99, south of Axmctrong , facing south MARKET: Stockton/LOdi CITY: LEASE NO. SIZE: 12'X40' AVG EFFECTIVE CIRCULATION -DAILY: 39,950 MONTHLY: umpressic COST PER THOUSAND: TYPE: 1,198, 500 CONTRACT TERMS: 36 MONTHS: 24 MONTHS: 12 MONTHS: CURRENT ADVERTISER: renewal PER MONTH PER MONTH PER MONTH REMARKS: Strong, right-hand readiM bulletin. 11j mriNtgd_until midnight. uo3r!hp- local and transient traffic along the QENMR L VALLEY corridnr_ OCT STOCKTON Location Sheet LOCATION: Highway 99 north of Peltier Road. North facing MARKET: Lodi CITY: Sane LEASE NO. SIZE: 12'x4O' AVG EFFECTIVE CIRCULATION-DAILY:32,725 MONTHLY: 981,750 COST PER THOUSAND: TYPE: CONTRACT TERMS: 36 MONTHS: 24 MONTHS: 12 t.0NTHS : CURRENT ADVERTISER: Rene-Aml PER MONTH PER MONTH PER MONTH REMARKS: Strong, right --reading bulletin. Illuminated until midnight. .�� G i d� d :�iTi XT 3X991 ' STOCKTON wow Form 5t0L 2;90 Standaed Painted piway Agreement INON•CANCELLIBLEI CITY OF LOCI NATIONAL ADVERTISING COMPANY Gf Nl.IiA, Of f tCI.S PCEIF01(1) F'Af{ K R LI1N(X i;(Y,(:1 :.ural 209/466-5021 (LL(.AL NAMT Of ADV i fii-i'.L-.,i) CITY OF Li)DI (tllADt. NAMC) 221 WEST PINE STREET f_itrret Adtlressl IADI, CA 95240 t0ty, States, Lm Gorfel ALIO REIMC HE 209/334-563-- 34 F� r'r•ton 1n CALF--,ronnnr ^..... h. ::I N/A i :tro•et 1, h,r.•asl •n.... -non r r;, nhrr AUTHORIZATION. The above,oenl.hed actual artwn�srt. [ixlein#.4 wttn me :tuveruser s aultrahrra3 advrtl.srrirl •e11'r>Cv. �! .my ,lirr{.vtiHtt!r released to prntty and .•e . ary its rhe Arhert.Serl, r,.•rrpy aVtthbr.res �lrhd Edith:hCt4 w�Ih iValfonr �,)vertrS,rrr) Cikrnµtny, khr[rw.,d!.,r ca�kvl 3Rt N,H.e4i,ti1. ttE Iir•,S1prU Par!,, wMrtOrS. a S1Jd51dlary ()f tulrNiC'$l)13 tdenrtg ar>tl 1Yit11VI.ICLW trt[f e{Tirlillriy- lU (4Trifi)r .NfY[Wi�'.4xf ]!`fvr�e5 fKl Ipl' Styllpvr4tq hStf`ri [t.!.Etii.lys - - ' advCAtsfpg __._., City of Lodi .na,--coltt:r:ew,Ih C041y(4twNMy7W-"Ituvc*d by the Adyeruser Location Number Lmat,on ,and De$Cr,Vt,r n A pori n ■ , mall Sae Ilium.- nation Mass #A. B. CA pathttr.Is Yearly (InClud.rt!1 -orryn/.lr! tiTonthiv LJnel Chante I � 007077 WS HWY 99, 50' N/0 PELTIER RD., LODI, FDI 12x40 B 1 814.00 RENEWAL EFFDCTIVE 4/01/92 1 NOTE 1 : MI cutouts, ambeflLlo hmwi M, PKnOriwft annror blended nnchgeounds w.as be Charged for teparateiv wort quoma upon prosuntallon of Ntwora. !VOTE 2: Clara "A" displays wrw non ituminared, Class -•B` rfisn>ay. aro to be .uuminateet daiiv Irnrr. AusM untff mte/r..gA t, standard rima, and Claw •'C" disprayt wro to bo Mum.naletl da'ly from pus , un nl dawn. NOTE 3' Special paintings or tuUouts in ad,tihon to those spec Llied above wdl be made at 3M NAt,onal t Than current charges thwrerot which will be yUoted Joon reoUesc f q ! ( NOTE 4: The Montihry Unit Charge shown above is aoplicabre only to the h•st 12 rhonThsor test 01' the r: orrt,wct term A nur Vow increase in the 147onthry Una Chw iso will be appl,cablr to each sueceevhng veal, commencing on wwch annwwrlary no the atlective date of this agreamant. TERM. The term ul $ his cu-Uact"10 each drsptay Shalt be �St—__ �- months, becpnnuwl un me day touch W►play is comptpted herein Called the etEecbye date, T r t e, hectw(, nate rA thisagreetimni will now malty be was thin sooty days (tor as intpo drsptaymd.s )or mix4ydaya llor ore man one ptay) loom Elle Cain 30,1 Nattonat receives Ithe approved arhov'" from the AAvvt.ser tf the Adwe,t.seF'sapprovnd.rrivniek hay not bs an iccewed w.trh.n the tarty-hve day ltm.l as siteColMd tib the,Copy Appruvar'-paragraph heoeon, 3M Nal"141 may-at.t%opl.C,ne:t4krliethe Adw•tbser 113041 the above Monthly Untl Charge IW Car .11day beyond the said forty-five Gay Nnut until the Saw a, twehrA !cols Alen Ft-,Cc•,ved, and Ilhe Aawfliser agr ces to pay such ChargC•s upon teCetpl of billing tthirtlor by 3M National It this is a Contraci tot a rrmvial tt!tm ut an votst[ng capt:act. the rllective date will be the erp,tabon date of sucrt prior CDnitaet term ADOMNAL PROVISIONS. the undersocine f te•trby auunorlres Naltonal Advemung Cpmaariv to rrweshlate any tl letenwo of amweo to obtain Cmd t ,nla- rn:dxak the ptnt�NHts [41 itte rtwerSC herketfl err hcrt•try vnCUlt>Ut.tk`If hl`h4rl til• sidCttitC letrMt'A1Ce wttypl0 ,Yid CioKLh11C .1 p:M of wits agteeotlCrli- 17ixh :..{LCs fK 1lw5 t;UrllriN.t and thr M,tpl In,tt.kf[I ,rltirttlRf thl`. Con tyavC tla,•!`r1 C.t,rlk,l!y [l'.td and .ill' tllity undclstlhoJ, ,lord life ihrpYr!lMllhi IN,Yrhntlere!CFIy }titin the wftnp n of we umkfsgjtkm RECEIVED BY (Subject 1o.xtrpt.-rnr r. by 3Rd AL1tv.nal) 1 Qar 5I2I lielr.ete.r101-C ACCt"IED NATIONAL ADVERTISING COMPANY tsr 1J 9 2� City C? (E.,Ief Thomas A. Peterson City Manager ,•,•.,,,,. City of Uxii _—Alice 11-1. Reiche City Clerk