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HomeMy WebLinkAboutAgenda Statement 1984/01/10 Item 9 COUNCIL AGENDA STATEMENT Item -1-3-- 9 Meeting Date —1-2x'8"1/10/84 'EM TITLE: Resolution - Approving Metropolitan Transit Development Board' s (MTDB) Proposed Billboard Litigation Settlement City � 16MITTED BY: Cit Attorney (4/5ths Vote: Yes No x ) Adoption of this resolution would allow Foster & Kleiser, Gannett Outdoor and Metromedia, Inc. to erect two billboards to replace the 19 that were torn down by MTDB after it took over the right of way from the Arizona & Eastern Railway. This would enable MTDB to settle a lawsuit brought by the billboard companies against it. RECOMMENDATION: Adopt the Resolution BOARD/COMMISSION RECOMMENDATION: N/A DISCUSSION: MTDB removed 40 sign structures without compensation to the sign companies during construction of the trolley. 19 of those struc- tures were within the City of Chula Vista. The sign companies sued for inverse condemnation claiming damages in excess of $1 million dollars. MTDB and the billboard companies entered into a proposed settlement which requires MTDB to replace a minimum of three structures and a maximum of six. MTDB is to pay $35, 000 for the fourth, fifth and sixth sign if not constructed. In order to implement the settlement, MTDB has requested Chula Vista to permit two signs within the City. National City has approved one sign on December 6, 1983 . If this approval is not obtained, MTDB would stand to lose over $1 million dollars in damages. MTDB will use the rent received for the signs for trolley mainte- nance and improvements within the City of Chula Vista. This will amount to $8, 200 per year. The signs shall be constructed pursuant to a lease with a term of fifteen years. At the conclusion of the fifteen years, the signs have to be removed unless an extension were to be approved. This settlement would be in the public interest in that the large amount of damages that could be awarded in this case might have a significant impact upon MTDB ' s service to the public. The specific location of the signs will be subject to staff approval and will be a minimum of 450 feet north of "E" Street to protect the appearance of this entry point to the City of Chula Vista. FISCAL IMPACT: N/A �� � G � by the City Council of Chula Vista, California `''` Dated //;?..-421-4 . /O'orm A-113 (Rev. 11/79) �wz •