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Agenda Packet_2022-01-18
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Agenda Packet_2022-01-18
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Agenda Packet
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1/18/2022
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Bus Stops / Shelters and Kiosks <br /> January 18, 2022 <br /> Page 2 <br /> Firm City Rank <br /> Focus Media Group Fullerton 1 <br /> Clear Channel Outdoor Torrance 2 <br /> Based on ranking and proposed advertising revenue sharing with the City, staff <br /> recommends that Focus Media Group be awarded an agreement for bus stop <br /> maintenance and advertising for a ten-year period with a five-year extension option, for a <br /> potential total agreement term of fifteen years. <br /> The agreement includes increased weekly maintenance of all bus stop furniture and <br /> amenities consisting of three times per week per stop, with 30 hotspots as identified by <br /> the City to receive maintenance five times per week, monthly steam cleaning at all bus <br /> stops, painting of all green bus shelters within the first nine months, and periodic painting <br /> of new black furniture and shelters (Exhibit 2). <br /> As negotiated, the agreement will generate revenue over time, from advertising revenue <br /> or the minimum annual guarantee of $124,560 (whichever is greater) less a $137,000 <br /> maintenance allowance. Revenues from this program are projected to begin in Year 3 <br /> and are expected to increase annually, thereafter. <br /> ENVIRONMENTAL IMPACT <br /> There is no environmental impact associated with this action. <br /> FISCAL IMPACT <br /> Revenues from this Bus Shelters/Stops and Kiosks Management agreement will be <br /> generated over time, as advertising revenue streams are established. Accordingly, future <br /> revenues will be budgeted in the General Fund Bus Shelter Fees revenue account (No. <br /> 01 1 1 7002-51 004) and appropriated in the General Fund Bus Shelter Program <br /> expenditure account unit (No. 01117621). <br /> EXHIBIT(S) <br /> 1 . Request for Proposal #20-139 <br /> 2. Agreement with Focus Media Group <br /> Submitted By: Nabil Saba, P.E., Executive Director— Public Works Agency <br /> Approved By: Kristine Ridge, City Manager <br /> City Council 24 — 2 1/18/2022 <br />
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