Newspaper article THE JOURNAL RECORD

Public Notices

Newspaper article THE JOURNAL RECORD

Public Notices

Article excerpt

(59401) (Published in The Journal Record June 19th and 26th, 1985.) NOTICE OF SOLICITATION FOR SEALED BIDS FOR THE OPERATION AND MANAGEMENT OF THE TERMINAL ADVERTISING PROGRAM AT WILL ROGERS WORLD AIRPORT AND THE MYRIAD CONVENTION CENTER ADVERTISING PROGRAM OKLAHOMA CITY, OKLAHOMA Notice is hereby given by the Trustees of the Oklahoma City Airport Trust and the Trustees of the Oklahoma City Public Property Authority (hereinafter referred to as ""Trusts'') that sealed bids for the operation and management of the Terminal Advertising Program at Will Rogers

World Airport and the Advertising Program at the Myriad Convention Center will be received at the Office of the City Clerk, Minicipal Building, 200 North Walker, Oklahoma City, Oklahoma, until 10:00 A.M., C.D.S.T, on Wednesday, August 21st, 1985, for official bid opening at 10:30 A.M., C.D.S.T., Wednesday, August 21st, 1985, in the City Council Chambers at 200 North Walker, Oklahoma City, Oklahoma.

At the next scheduled meeting of the Airport Trust, normally within thirty (30) days after opening of bids, the Trust will authorize the execution of a Joint Concession Agreement with one bidder, who in the judgment of the Trusts will provide the best service and who bids the highest percentage and minimum annual guarantee of gross revenues to the Trusts.

All bids submitted shall be subject to acceptance or rejection, and the Trusts specifically reserve the right to accept or reject any or all bids.

The term of the Concession shall be for a five-year period commencing on the date of execution of an Advertising Space Concession Agreement.

Description of the advertising media, by category and location, approximates those described on Exhibits 1, 2, 3, and 4 of the Instructions and General Information for Bidders.

Upon execution of the Concession Agreement, the concessionaire shall supply Trusts with a performance bond in an amount equal to the total amount of the minimum guarantee to both Trusts for a one year period. …

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