Board Bill Number 29 | Session 2019-2020

Consent to Change in Ownership & Control Structure

Summary

An ordinance recommended by the Airport Commission and the Board of Estimate and Apportionment authorizing the Director of Airports of The City of St. Louis ("City"), the owner and operator of St. Louis Lambert International Airport® ("Airport") to approve and execute on behalf of the City the "Consent to Change In Ownership and Control Structure of Bi-National Gateway Terminal LLC" substantially in the form as set out in ATTACHMENT "1" to this Ordinance, which is attached hereto and incorporated herein, whereby the City consents to the change in ownership of Bi-National Gateway Terminal, LLC ("Bi-National"), the lessee, under that certain Second Restated and Amended Lease Agreement AL-094, dated February 14, 2019 and authorized by City Ordinance No. 70909 approved February 11, 2019, between the City and Bi-National ("Lease Agreement"), as such consent by the City is required in accordance with Section 1001 entitled "Assignment" of the Lease Agreement; providing that the provisions set forth in this Ordinance will be applicable exclusively to the document approved or authorized by this Ordinance; and containing a severability clause and an emergency clause.

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Overview

Session: 2019-2020

Sponsor: Marlene E Davis

Ordinance: 70979 effective 06/12/2019

Committee: Transportation and Commerce

Legislative History

Legislative activities for this board bill. Learn more about what these activities mean.

  • 05/03/2019

    First Reading

  • 05/17/2019

    Second Reading

  • 05/23/2019

    Perfection

  • 05/31/2019

    Third Reading

05/31/2019 Final Passage Vote Results

Aye Votes
24
Nay Votes
0
Vote Totals

View vote details

Ordinance

Ordinance Number: 70979

Effective Date: 06/12/2019

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