Fiscal Note
The stipulation and settlement agreement with Lamar will allow the city and other taxing jurisdictions to avoid a tax settlement payment of $160,000, as well as unknown amounts on related issues at other sites. As such, there is no anticipated fiscal effect from this ordinance.
Title
Effectuating the settlement agreement and stipulation in pending tax litigation between The Lamar Company, LLC, Lamar Outdoor Advertising of Janesville, and Lamar Central Outdoor, LLC v. City of Madison, Dane County Circuit Court Cases No. 2011-CV-2201, No. 2010-CV-2615, No. 2009-CV-2695, No. 2008-CV-2390, No. 2007-CV-0928 and No. 2005-CV-0794, and granting limited exceptions to the billboard ban.
Body
DRAFTER'S ANALYSIS: This ordinance provides an exception to the City’s existing ordinances to allow Lamar Outdoor Advertising to obtain permits for three (3) double-sided billboards and to issue two (2) revised permits for other billboards. It is part of a settlement of pending tax litigation with Lamar and is a companion to a related resolution approving that settlement.
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The Common Council of the City of Madison do hereby ordain as follows:
WHEREAS, the Common Counci...
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