A company that promises to build 100 bus stop shelters in Lakewood and pay the city $510,000 for the privilege has been given a five-year contract by the City Council.
Bustop Shelters of California builds bus stop shelters and benches similar to the ones in Hollywood that sport large advertising displays. The company also promised to reserve 50% of its advertising space for Lakewood businesses to buy.
“This is the best deal we have made in years,” Councilman Larry Van Nostran said.
The city will immediately receive a cashier’s check for $100,000 as the first payment.