Board Bill Number 119 | Session 2015-2016

Ground lease between the City of St. Louis and Port Authority Commission

Board Bill

BOARD BILL # 119 INTRODUCED BY ALDERWOMAN LYDA KREWSON An Ordinance amending Ordinance No. 68572, which ordinance relates to a lease (the "Ground Lease") between The City of St. Louis, Missouri (the "City") and the Port Authority Commission of The City of St. Louis ("Port") for certain land and improvements comprising the Municipal River Terminal ("MRT") on the North River Front, approved by the Board of Estimate and Apportionment, the Port Commission and the Board of Public Service; authorizing an extension of time to the Ground Lease authorized under said ordinance, and thereby authorizing the execution of a first amendment (the "First Amendment") to a lease agreement (the "Port Lease Agreement") in order to extend the term to twenty-five (25) years by and between the Port and SCF Lewis and Clark Terminals, LLC ("SCF") and approving the form of the Standard Provisions, as modified, attached to said Port Lease Agreement; authorizing other matters with respect thereto, and containing a severability clause.

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Legislative History

Session:2015-2016
Sponsor: Lyda Krewson
Co-Sponsors:
Committee: Transportation and Commerce
Actions: 07/10/2015 Perfection
07/10/2015 Third Reading
07/02/2015 Second Reading
06/19/2015 First Reading

07/10/2015 Final Passage Vote Results

View vote details

Ordinance

Effective Date: 08/22/2015
Ordinance #: 70075

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