Board Bill Number 134 | Session 2023-2024

Lease Agreement between The City of St. Louis, Missouri (the “City”) and Watco Transloading, L.L.C.

Summary

This Board Bill authorizes the execution of a Lease Agreement between The City of St. Louis, Missouri (the "City") and Watco Transloading, L.L.C. ("Lessee") for a period of ten (10) years, for the purpose of interior receiving, processing, storing, and transloading cargo and/or a warehouse or distribution center at or near 4300 S. 1st Street and with other related improvements, at an annual base rent of $240,000 for the first year and increasing by three (3) percent each year thereafter with three (3) mutual options to extend for five (5) additional years.

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Latest Bill text:

Overview

Session: 2023-2024

Introduced: 10/13/2023

Primary Sponsors: Cara Spencer

Latest Activity: Delivered to Register

Legislative History

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

  • 10/13/2023

    First Reading

    Bill text was introduced (440.49 KB PDF).

  • 10/13/2023

    Referred to a Committee

    The bill was assigned to the Housing, Urban Development and Zoning Committee.

  • 10/17/2023

    Committee Hearing

    The bill was passed out of committee with a recommendation of do pass during the Housing, Urban Development and Zoning Committee hearing.

  • 10/20/2023

    Second Reading

  • 10/27/2023

    Perfection

    The bill was passed.

  • 11/03/2023

    Engrossment

    The bill was engrossed during the Engrossment, Rules, Resolutions and Credentials Committee.

  • 11/03/2023

    Third Reading

    The bill was passed.

  • 11/03/2023

    Delivered to Mayor

  • 11/20/2023

    Mayor Returns Bill

    The bill was approved.

  • 11/20/2023

    Delivered to Register

Votes

11/03/2023 Vote Results

Aye Votes 13
No Votes 0
Final Passage Vote

View vote details

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