Board Bill Number 34 | Session 2022-2023

Mooring Rights at or near Rutger Street and Convent Street

Summary

This Board Bill authorizes an amendment to Ordinance Number 71390, which ordinance amended Ordinance Number 68964 relating to a Lease Agreement with the City of St. Louis and Fred Weber, Inc. for certain land and mooring rights at or near Rutger Street and Convent Street for a period of ten (10) years with three (3) five (5) year mutual options, since assigned by Fred Weber Inc. to New Frontier Materials Operations Alpha LLC, and authorizes a First Amendment to said Lease Agreement for the first five (5) year mutual option for an increase in rent to $52,874.76 for the first year, $63,421.57 for the second year, then increasing by 3 percent each year thereafter for the remaining years of the option period.

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Overview

Session: 2022-2023

Introduced: 05/26/2022

Sponsor: Jack Coatar

Latest Activity: Delivered to Mayor

Legislative History

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

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