Amendment No. 2 to the Agreement with Clear Channel 01113_° V
MIAMI BEACH
City of Miami Beach, 1700 Convention Center Drive,Miami Beach,FL 33139 Tel.305-673-7010 Fax:305-673-7782
Jimmy Morales, City Manager
Tel. 305-673-7010, Fax: 305-673-7782
October 31, 2016
Ms. Kathi Rutter
Public Affairs Director
Clear Channel Outdoor, Inc.
5800 NW 77th Ct.
Miami, Florida 33166
Re: Amendment No. 2(the"Amendment")to the Agreement between City of Miami Beach,
Florida(the City)and Clear Channel Outdoor, Inc.a Delaware corporation,authorized
to do business in Florida("Clear Channel"or"Contractor"), as assignee,dated April
18, 2001,to Construct,Operate and Maintain Directory Structures in the Lincoln Road
Area, Provide Directory Information Location Maps, Offer Limited Advertising Space
for Commercial Use,and Fabricate and Install Street Signs and Block Numbers at Ten
(10) Intersections Along Lincoln Road, Pursuant to City of Miami Beach Request for
Proposals No. 112-99/00 (the Agreement), as amended by First Amendment to the
Agreement, dated November 13, 2002(the Agreement and Amendment No. 1 shall be
collectively referred to herein as the Agreement).
Dear Ms. Rutter:
WHEREAS, the Contractor, Clear Channel Adshel, Inc., a New York corporation,
merged into More, Inc., a Delaware corporation, on December 31, 2001 and said entity
simultaneously changed its name to Clear Channel Adshel, Inc., a Delaware
corporation. Clear Channel Adshel, Inc., a Delaware corporation, is a wholly owned
subsidiary of Clear Channel Outdoor, Inc., a Delaware corporation, which is authorized
to do business in Florida ("Clear Channel" or "Contractor") and operates and manages
the Agreement as the Contractor; and
WHEREAS, the parties wish to correct the reference to the Contractor
throughout the Agreement to accurately reflect that the Contractor providing the
services under the Agreement is Clear Channel; and
WHEREAS, pursuant to Section 12 of the Agreement, the City Manager has
authority to consent to an assignment of the Agreement and hereby consents to the
assignment of the Agreement to Clear Channel; and
WHEREAS, since the Agreement has expired, Clear Channel and the City wish
to extent the Agreement until such time as the City executes a new Agreement for
similar services, subject to the City's right to terminate the Agreement upon thirty (30)
days notice, as more particularly set forth herein.
NOW THEREFORE, in consideration of the mutual promises and conditions contained herein,
and other good and valuable consideration, the sufficiency of which is hereby acknowledged, the
City and Contractor hereby agree to amend the Agreement as follows:
1. The above recitals are true and correct and are incorporated as part of this Amendment.
Amendment No. 2 to Clear Channel Lincoln Road Agreement
October 31, 2016
Page 2
2. Clear Channel Adshel, Inc., a New York corporation's interest in the Agreement is
hereby assigned to Clear Channel Outdoor, Inc., a Delaware corporation, authorized
to do business in Florida ("Clear Channel"); therefore, all references to Clear
Channel Adshel, Inc., a New York corporation or to "Contractor" throughout the
Agreement shall be deleted and replaced to reflect Clear Channel.
3. The term of the Agreement is hereby extended until such time as a new contract for similar
services is executed (the Extended Term). During the Extended Term, the City, through its
City Manager, may terminate the Agreement pursuant to subsection 9.3, at the City's sole
option,at any time,for convenience,without cause and without penalty, upon notice to Clear
Channel, in writing, at the address set forth above, thirty (30) days prior to termination.
Your counter-signature below shall indicate Clear Channel's acceptance of the foregoing terms and
conditions.
Attest: Si ierely,
P\"', .
�� 4�t��•ra es, City Manager
R ael E. Granado, City Clerk Lj�� ►� •.C 4
y s
Date: 1I/711 L $ ` o-
INCORP O'•ATED
Approved and Accepted by:
Attest: � - �k 1:� gnor: •
H 26 d' ear Channel Adshel, Inc., a Delaware
corporation f/k/a Clear Channel Adshel, Inc.,
a New York corporation
By: By:
Print Name and title Print Name and title
Date:
Attest: Assignee:
Clear Channel Outdoor, Inc., a
Delaware corporation, authorized to do
business in Florida
By: By:
Print Name and title Print Name and title
Date:
APPROVED AS TO
FORM & LANGUAGE
& F•• E ECUTION
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