Thursday, July 16, 2009

Sign of the Times: Lamar Responds

The following news release came in earlier today:

Lamar Advertising Appeals Decision Involving Grant Street Signage

PITTSBURGH, Pa. (For Immediate Release) -- Lamar Advertising today filed an appeal to the Commonwealth Court from Judge Joseph James’ order of June 24, 2009 involving the electronic signage at the Pittsburgh Parking Authority Grant Street Transportation Center.

“We are taking this step to protect Lamar’s legal rights in this matter,” said Stan Geier, Lamar Vice President and General Manager. “We spent a considerable amount of money on the display after we received permission from the city. If the city no longer supports the project, as a good corporate citizen Lamar will respect that decision. However, if that is the case, we are entitled to recover our expenses from the city of Pittsburgh.”

Lamar began construction of the display in February 2008 based on a permit that it received from the city in December 2007. In April 2008 the city of Pittsburgh issued a stop-work order.

The appeal will preserve Lamar’s legal rights to a recovery of its project expenses.

“We received a permit for construction of this display, following a well-established procedure with the city of Pittsburgh and with the support of the city administration,” Geier said. “Relying upon that permit, we invested hundreds of thousands of dollars in the display in early 2008. We have been damaged by the city’s decision to change its mind. We cannot simply let the matter drop.”

Because of the legal delays, Geier said Lamar will begin removing electronic components of the display from the Transportation Center. The company will attempt to re-use the components in other projects, which would mitigate the amount that it will otherwise seek to recover from the city of Pittsburgh.

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