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C4J ADDENDUM HANDOUT 3_9_2011 AgendaANENbwng9A76 T m MIAMBEACH OFFICE OF THE MAYOR AND COMMISSION L l V MEMORANDUM TO Jorge Gonzalez City Manager FROM Jerry Libbin Commissioner DATE March 8 2011 SUBJECT Agenda item for the March 9 2011 Commission meeting a referral to Finance and Citywide Committee regarding renewal of agreement with Clear Channel ADSHEL Inc to construct operate and maintain bus shelters Please place on the March 9 2011 Commission meeting agenda a referral to Finance and Citywide Committee of renewal of agreement with Clear Channel ADSHEL Inc to construct operate and maintain bus The referenced Agreement was entered into on October 17 2001 and provides for a ten 10 year initial term which will expire in October 2011 The Agreement also provides for an automatic five 5 year renewal term UNLESS the City elects not to renew and provides the Contractor of such intent in writing at least 120 days prior to the expiration of the initial term In order to preserve the Citys rights in deciding whether to renew the Agreement or not I am requesting that this referral be placed as an emergency item on the March 9h City Commission Meeting Agenda JL er Agenda Item c qWearecommittedtoprovidingexcellentpublicserviceandsafetytoallwholiveworkandplayinour Date 3 q 1 I