Title
Memorandum of Understanding Between the Street Transportation Department and Downtown Phoenix Inc. for Transferring GRID Billboard Ownership (Ordinance S-51220)
Description
Request to authorize the Street Transportation Department to enter into a Memorandum of Understanding (MOU) with Downtown Phoenix Inc. (DPI) to transfer GRID Billboard ownership in Phoenix.
Report
Summary
In December 2020, the GRID Bike Share program ended in Phoenix due to low ridership and a shift in the industry to electric scooters over traditional bicycles. The GRID Bike Share program left two unused billboards in downtown Phoenix. The Street Transportation Department no longer utilizes the GRID billboards for any purpose. DPI and the Street Transportation Department has determined that the GRID signs are of no monetary value because they are no longer in use. The purpose of the MOU is to transfer the ownership of the GRID billboards from the Street Transportation Department to DPI. The agreement would transfer all responsibility and liability to DPI to maintain and program the GRID billboards in the downtown area. DPI will assume all responsibility for programming to advertise special events in the downtown area and general information to the public.
Contract Term
The agreement will be effective on the date it is executed by all the governing organizations.
Financial Impact
There is no financial impact for this agreement.
Location
Central Avenue and Willetta Street, 5th and Van Buren streets
Council Districts: 7 and 8
Department
Responsible Department
This item is submitted by Deputy City Manager Inger Erickson and the Street Transportation Department.