MARTA Business Management Committee Meeting Minutes April 23, 2026
MARTA OKs Five-Year Billboard License With Hawks
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Description
MARTA approved a five-year revenue-generating license agreement with the Atlanta Hawks worth $298,384.08 for continued operation of an electronic billboard and associated power and data line on Parcel D2108Y at 90 Centennial Olympic Park Drive. The agreement features 3% annual fee escalations and is subject to FTA concurrence because of the federal interest in the property.
Contract Details
Contract Amount
$298,384.08
Vendor
ATLANTA HAWKS
Agency
Metro Atlanta Rapid Transit Authority, GA
Contract Type
LICENSE
Document Date
April 23, 2026
Contract Term
Five (5) years
Renewal Info
Five-year license agreement for Parcel D2108Y with initial annual fee of $56,202 and 3% annual escalations, generating $298,384.08 over the term; no specific renewal options stated.
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