Transportation and Commerce Committee Meeting

Overview

Description

Overview:

Due to the COVID-19 virus the Board of Aldermen is holding regular meetings by electronic Webinar. Each meeting will have an electronic link and phone number that can be used to view and/or listen to a meeting. Each meeting will also have a Meeting ID Number that can be used if requested while you are accessing the meeting.

The public may view or listen to this meeting by following the below instructions:

Using Links:

To access a meeting electronically you may place your cursor on the link below that is related to the meeting you wish to view and press the Ctrl Key and simultaneously Left Click your mouse to join the webinar. You may also copy the link below and paste it or type it into the search bar of your browser and click search.

Phone Numbers: 

To access a meeting by phone please dial any of the domestic numbers provided and follow the prompts. You may be asked for the Meeting ID number. This number is supplied below for each meeting.

Members of the public may also view the live streaming of the Webinar meeting at:

On Charter Cable with digital box (Channel 992) 

On AT&T U-Verse Channel 99

You may watch the meeting live via the web @ www.stltv.net 

You may also watch the meeting on Youtube @https://youtube.com/CityofStLouisMO      

Join Zoom Meeting Link:

https://us02web.zoom.us/j/86552439578

Meeting ID: 865 5243 9578
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Meeting ID: 865 5243 9578
 

Public Hearing 
The committee will take public comment on the Board Bills and/or Resolutions listed in this meeting announcement. This meeting will be held by Zoom Webinar. A person may speak at this committee hearing via a Zoom Webinar Link, which will allow them to be visible at the meeting, or by a phone call. Please see the following instructions on how to register to speak to the committee. 

Procedures to Register to Speak

Email or Phone Requests:

Those interested in making a comment on the Board Bills and/or Resolutions listed in this meeting announcement must send an email or call in by phone expressing their interest to speak. This email should be sent to the Board of Aldermen Clerk - Mr. Terry Kennedy at: kennedyt@stlouis-mo.gov. Persons may also call 314 589-6845 and register by phone.

Required Information

The email sent or phone message should supply a person’s name, street address, email contact address or area code and phone number. It should specify which Board Bill and/or Resolution Number(s) a person wants to speak about. They should also indicate if they are in “support”, “in opposition” or have “no position” on the Board Bill and/or Resolution Number(s) they wish to speak about.  Failure to supply all the requested information may result in a person not being able to speak.

Confirmation:

Those making a request by email will receive an email confirmation and then later a link from the St. Louis Communications Division that will allow them to join the meeting as a speaker. Procedures will also be sent to those wishing to speak. Those calling in by phone will receive a return phone call with all the pertinent information. Please note that if you do not receive a confirmation email or a return phone call no later than an hour before the meeting your request may not have been received.

Registration Deadline:

All requests to speak at this hearing must be made by 1pm the day before this hearing.

Order of Speaking:

Speakers will be called to speak in accordance with the Rules of the Board of Aldermen which can be found on the Board of Aldermen Website. The link is below.

Rules of the St. Louis Board of Aldermen

https://www.stlouis-mo.gov/government/departments/aldermen/rules/upload/boa-rules-2021-2022-session-final.pdf

Visibility

Speakers must use a device that allows them to be seen when speaking. 

Written Comments

Written comments to be shared with members of the Board on the topics open for public comment at this meeting may be emailed to the Board of Aldermen Clerk - Mr. Terry Kennedy at: kennedyt@stlouis-mo.gov.  They may also be mailed through the US Postal Service or dropped off. They should be addressed to: Mr. Terry Kennedy, Clerk, St. Louis Board of Aldermen, St. Louis City Hall 1200 Market Street Room 230, St. Louis Mo. 63103.

Those with Disabilities

Individuals with disabilities who may need sign language interpreters, written materials in alternative formats, or other accommodations should make a request to kennedyt@stlouis-mo.gov or call 314-589-6845 at least 48 hours before the meeting.

The committee will meet to review and discuss the following: 

Board Bills

Board Bill Number 147
Introduced by Alderwoman Sarah Martin

This Board Bill authorizes an amendment to Ordinance Number 68963, which ordinance authorized a new Lease Agreement with the City of St. Louis and ACBL Transportation Services LLC, f/k/a ACL Transportation Services LLC, a Delaware corporation registered to do business in Missouri, for land and mooring at Davis Street for a period of ten (10) years with three (3) five (5) year mutual options, and authorizes a First Amendment to said Lease Agreement to exercise the first five (5) year mutual option starting as of November 1, 2021 and increasing rent from $66,458.06 to $149,707.22 for the first year with a 2 percent annual escalator.

Board Bill Number 172
Introduced by Alderman Shane Cohn

This Board Bill is recommended and approved by the Airport Commission and the Board of Estimate and Apportionment amending Ordinance Number 71288, approved on December 4, 2020, and the Air Service Incentive Program for Fiscal Years 2021 through 2023 as adopted by Ordinance Number 71288; adopting an amended Air Service Incentive Program for Fiscal Years 2021 through 2024. It contains a severability clause, and an emergency clause.

Board Bill Number 173
Introduced by Alderman Shane Cohn

This Ordinance authorizes the transfer of $13,727,769 from the Airport Debt Service Stabilization Fund to the Airport Revenue Fund to make funds available to mitigate rates in Fiscal Year 2021-2022.

Board Bill Number 174
Introduced by Alderman Shane Cohn

This Ordinance authorizes funding for the Air Service Incentive Program through Fiscal Year 2024, extends the program from three to four years, and increases the benefits conferred under the program from $2,400,000 to $3,400,000.

Board Bill Number 186
Introduced by Alderman Shane Cohn

This Board Bill seeks to authorize the issuance of up to twenty million ($20,000,000) airport revenue refunding bonds. Proceeds from the Bonds will be used to refund and redeem the City’s outstanding Airport Revenue Refunding Bonds, Series 2012 (AMT) (the “Series 2012 Bonds”). The Bonds will be secured and payable solely from funds pledged under the Amended and Restated Indenture of Trust dated as of September 10, 1997, as amended and supplemented from time to time, including the revenues derived from the operation of the Airport. Based on current interest rate projections, it is anticipated that the refunding and refinancing of the Series 2012 Bonds will result in savings of approximately $1.75 million. Proceeds from the sale of the bonds will be used to : (1) refund the Series 2012 Bonds; (2) fund any required debt service reserve funds, and (3) pay for expenses associated with the issuance of such bonds, including premiums from any bond insurance or surety.

Contacts and Location