HomeMy WebLinkAboutResolution 2006-176 N.C.S. 10/16/2006 Resolution No. 2006-176 N.C.S.
of the City of Petaluma, California
RESOLUTION AMENDING CITY BUS ADVERTISING CONTRACT
FOR ADVERTISING ON PETALUMA TRANSIT BUSES AND
INSIDE THE KELLER STREET PARKING STRUCTURE
WHEREAS, on January 23, 2006, the City Council awarded a contract to City Bus
Advertising to provide advertising on Petaluma transit buses and in the Keller Street parking
stnlcture, in order to generate revenue toward the operating costs of both venues; and,
WHEREAS, the revenue sharing formula in the subsequent agreement did not reflect the
intent of the City or City Bus Advertising's proposal.
NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of
Petaluma hereby amends the contract with City Bus Advertising to clarify the revenue sharing
formula as follows:
City Bus Advertising will pay the City of Petaluma $1,000.00 or 35% of the monthly
gross revenues, whichever is greater, generated from the rental of the sign spaces located on the
Petaluma Transit buses.
City Bus Advertising will pay the City of Petaluma 35% of the monthly gross revenues
generated from the rental of the sign spaces located in the Keller Street parking garage.
Under the power and authority conferred upon this Council by the Charter of said City.
REFERENCE: I hereby certify the foregoing Resolution was introduced and adopted by the Approved s to
Council of the City of Petaluma at a Regular meeting on the 16`x' day of October,', ~ fon~i•.~
2006, by the following vote: y 1.~((
City Atto~mey
AYES: Mayor Glass, Harris, Vice Mayor Nau, O'[3rien, Torliatt - ,
NOES: None ~ - .
ABSENT: Healy -
,
ABSTAIN: None
_ _ ~
ATTEST: _
City Clerk yor - '
Resolution No. 2006-176 N.C.S. Page 1