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Subject: Communication from Schubert Media Group, Inc. proposing the transfer of certain assets and assignment of lease held with the City from Schubert Media to Adams Outdoor Advertising.
Recommendation: The City of Racine accept the transfer of the lease agreement from Schubert Media Group, Inc. to Adams Outdoor Advertising.
Fiscal Note: There will be no impact on the revenues received for the transfer of City owned property for the placement of billboard advertising.