Ordinance 71124

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.

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