3.44 23-0343 Subject: Authorizing The City To Enter Into Two Advertising Sign Relocation Agreements From: Councilmembers Gallo, Jenkins And Kaplan Recommendation: Adopt A Resolution: (1) Authorizing The City Administrator To Negotiate And Enter Into Two Relocation Agreements: One With Becker Boards, L.L.C. ("Becker") And One With Outfront Foster Interstate LLC ("OFI"), With Each Agreement Including, Without Limitation, The Following: (A) Allowing Becker And OFI To Remove And Waive Its Respective Rights To Just Compensation To Certain Existing Advertising Sign Faces At Various Locations In The City Of Oakland In Exchange For Becker's And OFI's Construction Of Up To Five New Double-Sided Digital Advertising Signs Each On Private Property; (B) Requiring Becker And OFI To Each Make Annual Payments To Designated Nonprofits And The City; And (C) Other Substantive Terms; And (2) Adopting Appropriate California Environmental Quality Act Findings