HomeMy WebLinkAboutRESOLUTIONS-1983-058-R-836/24/83
58-R-83
A RESOLUTION
Authorizing the City Manager to Enter into
a Lease with Transportation Displays, Inc.
WHEREAS, the City of Evanston is Lessee under a 20-year lease
i dated July 1, 1976 from Chicago and Northwestern Transportation Company for
the land and passenger station and eastbound and westbound canopies of the
" Chicago and Northwestern station located at Central Street in Evanston; and
WHEREAS, the Chicago and Northwestern Transportation Company
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has consented to the use by the City of advertising space in its depot and
on its platforms for purposes of generating revenue; and
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WHEREAS, a proposal has been received from Transportation
Displays, Inc., a subsidiary of Winston Network, Inc., for the construction,
installation and maintenance of advertising display signs on those portions
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of the Central Street Railroad Station included in the aforesaid lease to
the City of Evanston; and
• WHEREAS, it is determined to be in the public interest for the
City as Lessee of the aforesaid depot and platform space to contract with
Transportation Displays, Inc., providing thereby a license for the use of
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certain surface space for purposes of advertising displays with the City
to receive a percentage of gross receipts generated by the sale of such
display space by Transportation Displays, Inc.,
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY
OF EVANSTON, COOK COUNTY, ILLINOIS:
SECTION 1: The City Manager is hereby authorized and directed
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' to sign and the City Clerk is hereby directed to
attest on behalf of the City of Evanston an advertising display privilege
agreement with a provision that the City shall receive at least 40% of gross
receipts, said agreement to be for a period of one year with a sixty-day
cancellation clause thereafter and upon such other terms as shall be
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58-R-83
negotiated by the City Manager or his designee in accordance with this
authorization.
SECTION:2: This resolution shall be in full force and effect
from and after its passage and approval in the
manner provided by law.
May, i,�
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ATTEST:
City Clerk
Adopted: d 4,uai ;r,- 1983.
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