Ordinance 71124

Lease Agreement

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Summary

This Board Bill repeals Ordinance No. 63107 which authorized a lease agreement with the City of St. Louis and Manufacturers Railway Company, a subsidiary of Anheuser Busch Corporation, for certain lands on the north side of Arsenal Street at Wharf Street in the Unimproved Wharf. A new lease has been written for five (5) years with four (4) five (5) year options. The new lease sets the rent at $54,563 annually and increases the same by 3% per year thereafter.

Overview

Session: 2019-2020

Board Bill Number: 233

Sponsor: Dan Guenther

Committee: Transportation and Commerce

Effective: 04/25/2020

Legislative History

  • 02/21/2020

    First Reading

  • 02/28/2020

    Second Reading

  • 03/06/2020

    Perfection

  • 03/14/2020

    Third Reading

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