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HomeMy WebLinkAbout03. (Handout) Additional information from Mesa Outdoorsoe i County Regulations: `�"`� . Placing billboards on Heavy Industrial properties is a well - established land use right in Contra Costa County. Mt. View Sanitary District has two billboards on its Heavy Industrial property fronting 1 -680, and last year Mesa Outdoor successfully developed a billboard on a privately owned Heavy Industrial property fronting 1 -680 between the Arthur Road and Marina Vista exits. However, the planning process for a new billboard project in Contra Costa County is especially time consuming, expensive, and risky. With the mitigation measures and county relationships we developed in our past project, and with the public benefit to CCCSD ratepayers, we believe we could make a very compelling case for approval. We look forward to working with CCCSD and to making this project a success Respectfully, Jkyekq'� Mike McCoy Mesa Outdoor 582 Market Street, Suite 1508 1 San Francisco, CA 94104 3/9/2014 F -1 MESA Preliminary Site Map: The preliminary site map above shows two possible billboard locations drawn in red. These locations meet all state and county spacing requirements from other signs and on /off ramps. The signs would be located outside of the flight path used by Buchanan Field and would meet the airport's height and safety requirements. Project Economics: Highway 4 is a local highway with very few billboards and approximately 88,000 travelers per day. Strong advertiser demand and lack of available inventory on Highway 4 has resulted in higher than average billboard rates along the route compared to 1 -680. We propose adding two static billboards to CCCSD's property fronting Highway 4 to better serve local businesses and to create value for CCCSD and our company. Mesa Outdoor has recently engaged an independent expert on billboard ground leases to provide their opinion on fair deal terms for a billboard lease agreement on city property fronting Highway 4 between Mesa Outdoor and the City of Antioch. Based on this determination, we believe CCCSD could expect to receive approximately $3,000 per month per structure in a billboard lease agreement. We attached the full details of the expert's opinion, and we are willing to engage an expert to analyze CCCSD's property at the district's request. 582 Market Street, Suite 1508 1 San Francisco, CA 94104 3/9/2014 MESA Central Contra Costa Sanitary District Billboard Proposal CCCSD Benefits: • $72,000 per year revenue stream to benefit ratepayers and support district initiatives. • Free public messaging for CCCSD announcements and initiatives. • Litter removal on Highway 4 sponsored by CCCSD and administered by Adopt -a- highway. • Highest development standards for new static displays in the state of California. o 100% solar generation, LED lighting, Ipe wood skirting and center panel, Sagebrush pole wrap. • Increase in property value of approximately $720,000. • Local business stimulation. 582 Market Street, Suite 1508 1 San Francisco, CA 94104 3/9/2014