Comment 94851

By Noted (anonymous) | Posted November 18, 2013 at 15:44:27

While CBS state that they are no longer prepared to sustain annual losses, they have expressed an interest in negotiating an amended contract for the final five year period in the alternative to outright cancellation effective December 31, 2010.

Staff has had an opportunity to survey other municipalities and are able to confirm that bus advertising contract renewals in recent years have experienced dramatic declines in benefits to the municipality relative to historical experience.

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