Ordinance 66775

Summary

AN ORDINANCE AUTHORIZING AND DIRECTING THE MAYOR AND COMPTROLLER TO EXECUTE AN INTERGOVERNMENTAL COOPERATION AGREEMENT (“INTERGOVERNMENTAL AGREEMENT”) BY AND AMONG THE CITY OF ST. LOUIS, MISSOURI (“CITY”), THE COUNTY OF ST. LOUIS, MISSOURI (“COUNTY”), THE LAND REUTILIZATION AUTHORITY OF THE CITY OF ST. LOUIS (“LRA”), THE METROPOLITAN ST. LOUIS SEWER DISTRICT (“MSD”), THE ST. LOUIS COUNTY PORT AUTHORITY (“COUNTY PORT AUTHORITY”), AND PINNACLE ENTERTAINMENT, INC. (“PINNACLE”), TO CONSTRUCT AN ACCESS ROAD (“ACCESS ROAD”) NEAR THE RIVER DES PERES TO THE PINNACLE DEVELOPMENT SITE IN ST. LOUIS COUNTY (‘THE PINNACLE DEVELOPMENT SITE”); AND AUTHORIZING THE MAYOR AND THE COMPTROLLER TO GRANT A PERPETUAL EASEMENT WITH RESTRICTIONS CERTAIN CITY PROPERTY FOR THE ACCESS ROAD, AND TO CONVEY WITH RESTRICTIONS CERTAIN CITY PROPERTY FOR USE AS A PARK AND OTHER USES, WHICH PROPERTIES ARE AT OR NEAR THE RIVER DES PERES AND THE PINNACLE DEVELOPMENT SITE; AND CONTAINING A SEVERABILITY AND AN EMERGENCY CLAUSE.

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