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Mounds View City Council October 24,2011 <br /> 1110 Regular Meeting Page 5 <br /> Council Member Hull questioned if the property owner was made aware of the five day time <br /> period. City Administrator Ericson indicated the property owner was sent this information. <br /> Council Member Hull requested the address be corrected within the Resolution. <br /> MOTION/SECOND: Gunn/Hull. To Waive the Reading and Adopt Resolution 7841, <br /> Authorizing the Abatement of Nuisance Code Violations at 2242 Bronson Drive. <br /> Ayes—4 Nays—0 Motion carried. <br /> D. Resolution 7844, Approving an Amendment to the Billboard Lease on <br /> Medtronic Property. <br /> City Administrator Ericson stated that earlier this year the City was approached by Clear <br /> Channel, requesting to convert one of the former golf course property billboards to an LED <br /> display. City Code does provide for LED displays;however, there were several obstacles within <br /> the code that has prevented such a conversion. The City has since amended the dynamic sign <br /> display language. <br /> City Administrator Ericson reviewed the billboard lease with the Council. He stated the <br /> • information regarding the dynamic display billboard was presented to Medtronic. Staff <br /> recommended approval of the amendment to the billboard lease on Medtronic Property. <br /> Council Member Stigney questioned what type of revenue would be generated by a digital <br /> display billboard versus a traditional billboard. Tom McCarver, Clear Channel Outdoor, <br /> indicated the revenue was significantly higher along with the expense to maintain and upkeep <br /> these signs. <br /> Council Member Stigney felt the dynamic display rents proposed to be paid to the City were too <br /> low given the fact it was not a fair share of the overall revenues. For this reason, he would not <br /> support the lease amendment. <br /> Mayor Flaherty asked if any other lease agreements in neighboring communities were researched. <br /> City Administrator Ericson indicated there were very few lease agreements with municipalities. <br /> The only two he found were with the City of Blaine and the City of West St. Paul. <br /> Mayor Flaherty did not view the lease as being the City's attempt to receive a fair share of the <br /> "pie," but rather a fair and ecni=tahi rental rate. indicated the Council could refuse, to see if <br /> the rate would be increased. <br /> He Mr. MM eCarver co : inented that Cle Channel was moving into more ,d more cities. Ise note <br /> that a Sense of fairness was brie Ci a., L.. lease_ 1on _ ion 1/a. 1 ubliC. <br /> • MOTION/SECOND: Flaherty/Gunn. To Waive the Reading and Adopt Resolution 7844, <br />