Board Bill Number 171 In Session 2023-2024

Lease Agreement between The City of St. Louis, Missouri (the “City”) and Archer Daniels Midland Company

Summary

This Board Bill authorizes the execution of a Lease Agreement between The City of St. Louis, Missouri (the "City") and Archer Daniels Midland Company ("Lessee") for approximately 24,072 square feet of real property under certain terms and conditions for a period of ten (10) years, at a rate of $8,425.20 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: 12/01/2023

Primary Sponsors: Rasheen Aldridge

Latest Activity: Register Returns Notice with Ordinance Number

Ordinance: 71798 effective 04/07/2024

Legislative History

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

  • 12/01/2023

    First Reading

    Bill text was introduced (414.30 KB PDF).

  • 12/01/2023

    Referred to a Committee

    The bill was assigned to the Transportation and Commerce Committee.

  • 01/29/2024

    Committee Hearing

    The bill was passed out of committee with a recommendation of do pass during the Transportation and Commerce Committee hearing.

  • 02/02/2024

    Second Reading

  • 02/09/2024

    Perfection

    The bill was passed.

  • 02/16/2024

    Engrossment

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

  • 02/16/2024

    Third Reading

    The bill was passed.

  • 02/16/2024

    Delivered to Mayor

  • 03/07/2024

    Mayor Returns Bill

    The bill was approved.

  • 03/08/2024

    Delivered to Register

  • 03/09/2024

    Register Returns Notice with Ordinance Number

    Register returns ordinance number 71798. Effective date is 04/07/2024

Votes

02/16/2024 Vote Results

Aye Votes 14
No Votes 0
Final Passage Vote

View vote details

Ordinance

Ordinance Number: 71798

Effective Date: 04/07/2024

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