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EVERETT CITY COUNCIL AGENDA ITEM COVER SHEET 6 <br /> PROJECT TITLE: <br /> Amendment No. 1 Transit Briefing COUNCIL BILL# <br /> Advertising Agreement with Proposed Action Originating Department Purchasing <br /> Lamar Transit LLC Consent Contact Person Theresa Bauccio- <br /> Teschlog <br /> X Action Phone Number (425)257-8901 <br /> First Reading FOR AGENDA OF May 9, 2018 <br /> Second Reading <br /> Third Reading <br /> Public Hearing <br /> Budget Advisory Initialed by: <br /> Department Head <br /> Administration <br /> Council President <br /> Location Preceding Action Attachments Department(s)Approval <br /> August 7,2013 —Contract Amendment No. 1 Transportation Services, <br /> Legal <br /> Amount Budgeted <br /> Expenditure Required Revenue 425 362 9000 000 <br /> Budget Remaining <br /> Additional Required <br /> DETAILED SUMMARY STATEMENT: <br /> The current transit advertising agreement expires on June 30,2018. Transit would like to amend the contract <br /> to renew the agreement for an additional five years. Highlights of the amendment include: <br /> • A minimum annual guaranteed revenue of$95,000.00 <br /> • Amending the current limitations on advertising to include a prohibition on marijuana advertising <br /> RECOMMENDATION(Exact action requested of Council): <br /> Authorize the Mayor to sign Amendment No. 1 Transit Advertising Agreement with Lamar Transit LLC, at <br /> no cost to the City. <br /> 75 <br />