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Committee approves revocable permit for off‑site wall sign at 1650 Mission Street
Summary
The Budget & Finance Committee approved a revocable permit with Total Outdoor Corporation to occupy a billboard space at 1650 Mission Street. The permit sets a $63,000 annual minimum guarantee, a $30,000 initial bonus and higher rates if illumination rights are later obtained.
The Budget & Finance Committee voted to forward a resolution authorizing a revocable permit for an off‑site wall sign at 1650 Mission Street to the full Board of Supervisors.
John Updike of the City’s Real Estate division told the committee the city acquired the building in February and assumed existing leases, including one with CBS Outdoor that lapsed on March 31, 2011. After a spring 2011 solicitation that excluded alcohol and tobacco advertising,…
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