Title
Authorizing the Procurement Commissioner and the Chief Executive Officer of the Department of Aviation, on behalf of the City of Philadelphia, to enter into an amendment to a concession agreement for the development, operation and maintenance of an airport advertising program at Philadelphia International Airport; all under certain terms and conditions.
Body
THE COUNCIL OF THE CITY OF PHILADELPHIA HEREBY ORDAINS:
SECTION 1. The Procurement Commissioner, on behalf of the City of Philadelphia, is hereby authorized to enter into an amendment to the concession agreement with Clear Channel Airports, Inc., f/k/a In-Ter-Space Services, Inc., for an additional renewal period of three years and to modify the financial arrangement between the parties pursuant to which Clear Channel Airports, Inc. will continue to develop, operate and maintain an airport advertising program. The amendment to the Concession Agreement will be substantially in the form attached hereto as Exhibit "A."
SECTION 2. The Procurement Commissioner, the Director of Aviation, and the City Solicitor are hereby authorized, jointly and severally, to take all actions and to review and approve all documents and agreements necessary to effectuate this Ordinance, and to impose such terms as the City of Philadelphia deems necessary to carry out the purpose of this Ordinance.
SECTION 3. This Ordinance shall be effective immediately.
Exhibit "A"
FIRST AMENDMENT TO ADVERTISING CONCESSION AGREEMENT
THIS FIRST AMENDMENT TO ADVERTISING CONCESSION AGREEMENT ("Amendment") is made and effective as of the ___ day of _____, 2024 ("Effective Date"), by and between THE CITY OF PHILADELPHIA, acting by and through its PROCUREMENT DEPARTMENT and its DEPARTMENT OF AVIATION, as successor in interest to the DEPARTMENT OF COMMERCE, DIVISION OF AVIATION ("City"), and CLEAR CHANNEL AIRPORTS, INC. f/k/a IN-TER-SPACE SERVICES, INC. ("Concessionaire"), a wholly owned subsidiary of Clear Channel Outd...
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