Ordinance 71124
Lease Agreement
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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Overview
Session: 2019-2020
Board Bill Number: 233
Primary Sponsors: Dan Guenther
Committee: Transportation and Commerce
Effective: 04/25/2020
Legislative History
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02/21/2020
First Reading
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02/28/2020
Second Reading
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03/06/2020
Perfection
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03/14/2020
Third Reading
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