City of Oakland Agenda Concurrent Meeting of the Oakland Redevelopment Successor Agency / City Council / Geologic Hazard Abatement District Board 2026-06-16
Becker Boards Agreement Revenue Share Adjustment Approved
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Description
The City Council authorized an amendment to the advertising signs relocation agreement with Becker Boards LLC. The City will receive a minimum of $250,000 per year, with revenue sharing from advertising signs benefiting both the City and specified community nonprofits.
Contract Details
Contract Amount
Minimum $250,000 per year (20% of advertising revenue, 50% to City, 50% to nonprofits)
Vendor
BECKER BOARDS LLC
Agency
Town of Oakland, OK
Contract Type
OTHER
Document Date
June 16, 2026
Renewal Info
Agreement amended to change from fixed-fee to revenue-sharing with an annual minimum; revenue split formula provided.
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