Ordinance 71119

Port District Lease Near Tyler Street

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Summary

This Board Bill amends Ordinance No. 66570 which authorized a lease agreement with the City of St. Louis for certain lands within the Port District near Tyler Street for twenty-five (25) years ending in 2029 with two (2) remaining five (5) year options. The amendment authorizes a ten (10) year term exercising said options and increases the rent to $19,345.68 next year increasing by 3% per year thereafter.

Overview

Session: 2019-2020

Board Bill Number: 202

Primary Sponsors: Lisa Middlebrook

Committee: Ways and Means

Effective: 04/25/2020

Legislative History

  • 01/31/2020

    First Reading

  • 02/21/2020

    Second Reading

  • 02/28/2020

    Perfection

  • 03/06/2020

    Third Reading

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