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HomeMy WebLinkAboutRight-of-Way Encroachment License Agreement - Four (4) Digital Kiosks in ROW – KRG Eddy Street Land III  ELIZABETH A. MARADIK JOSEPH R. MOLNAR GARY A. GILOT JORDAN V. GATHERS MURRAY L. MILLER 1316 COUNTY-CITY BUILDING 227 W. JEFFERSON BOULEVARD SOUTH BEND, INDIANA 46601-1830 PHONE 574/ 235-9251 FAX 574/ 235-9171 CITY OF SOUTH BEND JAMES MUELLER, MAYOR BOARD OF PUBLIC WORKS March 22, 2022 Mr. Mark Jenkins KRG Eddy Street Land III 30 S. Meridian St., Suite 1100 Indianapolis, IN 46204 thalsey@kiterealty.com RE: Right-of-Way Encroachment License Agreement Dear Mr. Jenkins: At its March 22, 2022 meeting, the Board of Public Works approved the above referenced agreement for four (4) digital kiosks in the right-of-way at Eddy Street Commons, Phase I, DP #17-005. Enclosed please find a copy of the agreement for your records. If you have any further questions, please call this office at (574) 235-9251. Sincerely, /s/ Theresa Heffner Theresa Heffner, Clerk Enclosures TH/lh 4.Revenue Sharing; Right of Inspection. In consideration of the City permitting the Licensee to install the Encroachment in the City R/W, the Licensee agrees to provide the City with fifty percent (50%) of all net revenues generated from advertisements of products and services from the Encroachment. No revenue sharing shall be required during the first year of the Agreement; but rather shall commence within thirty days (30) after the one­ year anniversary of the first advertisement in the Encroachment and continue throughout the term of the Agreement. Such payments shall be made on an annual basis and shall be sent to the attention of the contact listed in Section 15 of this Agreement. Licensee affirms that it has not/will not enter into advertisement agreements designed to front-load net revenues during year one of this Agreement. The Licensee shall maintain books, records, documents and other evidence, consistent with its normal accounting procedures and practices, sufficient to reflect the perfo1mance of its obligations reasonably and accurately under this Agreement, and the payment of its Revenue Share obligation. Upon request the Licensee shall provide the City with access to Licensee's records, with reasonable notice and during regular business hours, to confam compliance with the Revenue Sharing requirement. 5.City Event Advertising. Licensee agrees to allow the City to advertise City events and programs free of charge during the term of this Agreement. The licensee will allow a reasonable number of City events and programs to be promoted at each of the four (4) digital kiosks and agree to prominent placement and timing of the advertising during the day. The design and creation of content for the City related advertisements shall be the responsibility of the City. Licensee shall have the right to approve City content, which content shall not be umeasonably withheld. 6.Term, Safety Concern, Termination, and Restoration. This Agreement and the License granted to Licensee hereunder shall commence as of the Effective Date and shall continue for an initial te1m of three (3) years from the Effective Date. The Parties agree to review and re-evaluate the Agreement a minimum of ninety (90) days prior to the initial expiration date and may by mutual written agreement extend the term of the Agreement for successive three (3) year tenns. Safety Concern Notice. Upon receipt of notice from the City of a safety concern claim ("Safety Concern Claim") from the City, Licensee shall immediately cease advertising on the affected kiosk(s) during the City's investigation. Termination by City. The City may te1minate this Agreement, in whole or part, by providing the Licensee with a written notice of partial or full te1mination ("Partial or Full Termination Notice"). A Partial Termination shall only apply to the specific kiosk signs indicated in the Notice. Upon receipt of a Partial or Full Tennination Notice, the Licensee shall remove the affected kiosk sign(s), at no cost to the City, within sixty (60) working days of receipt of the notice; and restore the City right of way to the same or better condition that existed 2 March 22, 2022 BOARD OF PUBLIC WORKS AGENDA ITEM REVIEW REQUEST FORM Date 3/15/2022 Name Sue Ellen Doudrick Department DPW BPW Date 3/22/2022 Phone Extension 5922 Review and Approval Required Prior to Submittal to Board Diversity Compliance and Inclusion Officer Officer Name BPW Attorney Attorney Name Dept. Attorney Attorney Name Purchasing Check the Appropriate Item Type – Required for All Submissions Professional Services Agreement Contract Proposal Open Market Contract Amendment/Addendum Special Purchase, QPA Bid Opening Bid Award Req. to Advertise Title Sheet Quote Opening Quote Award Reject Bids/Quotes Proposal Opening C/O & PCA No. __ PCA Chg. Order, No. Traffic Control Resolution Other: Kiosk Agreement Ease./Encroach Required Information Company or Vendor Name KRG Eddy Street Land III (Kite Realty Group) New Vendor Yes If Yes, Approved by Purchasing No MBE/WBE Contractor MBE WBE Completed E-Verify Form Attached Yes No Project Name Eddy Street Commons Phase I Project Number DP 17-005 Funding Source n/a Account No. n/a Amount n/a Terms of Contract License Agreement Purpose/Description KRG is seeking a license agreement with BPW for signs in the ROW. The primary portion of the agreement is regarding 4 digital kiosks in the ROW. For Change Orders Only Amount of Increase Decrease ($) Previous Amount Current Percent of Change: Increase Decrease (%) New Amount Total Percent of Change: Increase Decrease (%) Time Extension Amount: 0 New Completion Date: -