BRIEF: Judge upholds ruling against Lamar Advertising's LED sign Downtown

Posted on: Fri, 26 Jun 2009 02:13:00 EDT


Symbols: LAMR
Jun 26, 2009 (The Pittsburgh Tribune-Review - McClatchy-Tribune Information Services via COMTEX) --
LAMR | Quote | Chart | News | PowerRating -- An Allegheny County judge ruled this week that Lamar Advertising cannot complete a partially built electronic billboard on the Grant Street Transportation Center, Downtown.

Common Pleas Judge Joseph M. James upheld a Dec. 19 ruling by the city's Zoning Hearing Board that rejected Lamar's request for permission to operate the controversial 1,098-square-foot LED sign valued at $6 million to $7 million.

Lamar appealed the three-member zoning board's 1-1 decision. One member recused himself due to a conflict of interest. James ruled that split decisions resulted in a negative recommendation.

To see more of The Pittsburgh Tribune-Review or to subscribe to the newspaper,
go to http://www.pittsburghlive.com/x/pittsburghtrib/. Copyright (c) 2009, The
Pittsburgh Tribune-Review Distributed by McClatchy-Tribune Information Services.
For reprints, email tmsreprints@permissionsgroup.com, call 800-374-7985 or
847-635-6550, send a fax to 847-635-6968, or write to The Permissions Group
Inc., 1247 Milwaukee Ave., Suite 303, Glenview, IL 60025, USA.

For full details on Lamar Advertising Co A (LAMR) LAMR. Lamar Advertising Co A (LAMR) has Short Term PowerRatings at TradingMarkets. Details on Lamar Advertising Co A (LAMR) Short Term PowerRatings is available at This Link.

UPCOMING EVENTS
Learn new strategies, how to trade in this market, and the stocks you should be focusing on each day. Join us for our free 20 minute tele-seminars during the week.
Thursday February 11 04:30 PM
* Attendance is strictly limited and are filled on a first-come, first-served basis.