Board Bill Number 134 Votes | Session 2023-2024
Lease Agreement between The City of St. Louis, Missouri (the “City”) and Watco Transloading, L.L.C.
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.
11/03/2023 Final Passage Vote Results
|10||Shameem Clark Hubbard||Aye|
|President||Megan E Green||Absent|