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Lamar Billboard Lease Notice of Termination

Cathedral City City Council
January 12, 2022

Document
Lamar Billboard Lease Notice of Termination
Meeting
January 12, 2022
Body
Cathedral City City Council
Original file
69 KB
Text extracted from the city's file for reading and search. Open the original on cathedralcity.primegov.com. That file is the official record.

RIV #4875-5742-8999 v1
07024-0121
January __, 2022

VIA CERTIFIED MAIL
The Lamar Companies
Vanessa Moorman, Vice President
77-583 El Duna Court, Suite J
Palm Springs, CA 92211
RE: Notice of Termination of Sign Location Lease # 641 Dear Ms. Moorman:

Please be advised that pursuant to Section 11 of the Sign Location Lease # 641 (“Lease Agreement”) dated as of May 13, 2020 between the City of Cathedral City (“City”) and The Lamar Companies (“Lamar”) and attached hereto for your reference, this letter is being provided as the City’s written notice of termination of the Lease Agreement.

Pursuant to Section 11 of the Lease Agreement, Lamar must remove its sign and all ancillary equipment (“Sign and Equipment”) within 120 days of receipt of this written notice. If Lamar fails to remove the Sign and Equipment within this time, the City may elect to undertake removal, storage, and possible destruction of Sign and Equipment at Lamar’s expense. In such a case, the City will not be responsible for the value, preservation or safekeeping of Sign and Equipment.

This notice of termination does not relieve Lamar of the obligation of payment of rent owed pursuant to Section 1 of the Lease Agreement until the actual date of termination of the tenancy.

Should you have any questions, please do not hesitate to contact me. We thank you for doing business with the City of Cathedral City.

RIV #4875-5742-8999 v1
07024-0121
Sincerely,
Charles McClendon
City Manager

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