Ordinance 71237

Lease agreement with the City of St. Louis and Terminal Railroad Association

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Summary

This Board Bill amends Ordinance No. 68573 which authorized a lease agreement with the City of St. Louis and Terminal Railroad Association, an Illinois corporation, approving a First Amendment to Lease Agreement for certain lands at or near Madison Street to the north and Mound Street to the south for five (5) years with two (2) five (5) year options. The lease sets the rent at $53,895.00 annually and increases the same from originally $27,604.76 and currently $32,862.81.

Overview

Session: 2020-2021

Board Bill Number: 121

Sponsor: Lisa Middlebrook

Committee: Transportation and Commerce

Effective: 12/10/2020

Legislative History

  • 09/25/2020

    First Reading

  • 10/02/2020

    Second Reading

  • 10/09/2020

    Perfection

  • 10/23/2020

    Third Reading

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