Board Bill Number 119 | Session 2015-2016
Ground lease between the City of St. Louis and Port Authority Commission
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.
- Introduced (15.62 KB PDF)
Ordinance: 70075 effective 08/22/2015
Committee: Transportation and Commerce
Legislative activities for this board bill. Learn more about what these activities mean.
07/10/2015 Final Passage Vote Results
Ordinance Number: 70075
Effective Date: 08/22/2015
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