PILLAR: Core
AGENDA DATE: December 10, 2025
COUNCIL DISTRICT(S): Citywide
DEPARTMENT: Department of Facilities and Real Estate Management
PRIORITY: N/A
______________________________________________________________________
SUBJECT
Title
(1) An ordinance granting a revocable license to IKE Smart City, LLC, for the purpose of installing, operating and maintaining digital City Kiosks on public rights-of-way not open to vehicular traffic in connection with an interactive digital kiosk advertising concession contract - Estimated Net Revenue: General Fund $29,270,833.00, plus the $20.00 ordinance publication fee; and (2) authorize payment of the termination fee to Outfront Media, Inc., formerly known as CBS Outdoor Group, Inc. in an amount not to exceed $562,500.00 - Financing: General Fund (subject to appropriations)
Body
BACKGROUND
On June 11, 2025, an interactive digital kiosk advertising concession contract was authorized with IKE Smart City, LLC. The ten-year with two-five year renewal options contract provides for a $2,000,000.00 upfront payment, and an estimated amount of the initial term of $29,270,833.00. The concessionaire will be responsible for manufacturing, installing and maintaining the kiosks during the term of the agreement. This item grants a revocable license in connection with the concession contract to allow IKE Smart City, LLC to install, operate and maintain City Kiosks on public rights-of-way not open to vehicular traffic. The use of this area will not impede pedestrian or vehicular traffic.
The licensee will indemnify the City and carry general liability insurance naming the City as an additional insured.
On August 24, 2005, the City Council authorized a Concession Agreement with CBS Outdoor Group, Inc., now known as Outfront Media, Inc., for the use, operation, management, and maintenance of advertising kiosks set to expire June 30, 2028.
Execution of any new agreement related to kiosks is contingent upon termination of the current contract with Outfront Media, Inc., formerly known as CBS Outdoor Group, Inc.; therefore, City Council action is required to authorize the necessary termination payment as outlined in the contract.
PRIOR ACTION/REVIEW (COUNCIL, BOARDS, COMMISSIONS)
On June 11, 2025, a digital kiosks contract with IKE Smart City, LLC was authorized by Resolution No. 25-0949.
On August 24, 2005, the City Council authorized an advertising kiosks contract with CBS Outdoor Group, Inc. was authorized by Resolution No. 05-2517.
FISCAL INFORMATION
|
Fund |
FY 2026 |
FY 2027 |
Future Years |
|
General Fund |
$562,500.00 |
$0.00 |
$0.00 |
Estimated Net Revenue: General Fund $29,270,833.00, plus the $20.00 ordinance publication fee
OWNER/EXECUTIVE
IKE Smart City, LLC
Peter Scantland, Chief Executive Officer