Ordinance 71256

New Lease Agreement with the City of St. Louis and S. I. Warehousing Co., Inc. near Trudeau Street

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Summary

This Board Bill authorizes a new Lease Agreement with the City of St. Louis and S. I. Warehousing Co., Inc., a Missouri Corporation, for anchorage and mooring of barges and other vessels at or near Trudeau Street for ten (10) years with three (3) five (5) year mutual options. The lease sets the base rent at $72,000 with an escalator of 2% per year for years five through ten for approximately 1200 linear feet.

Overview

Session: 2020-2021

Board Bill Number: 145

Sponsor: Marlene E Davis

Committee: Transportation and Commerce

Effective: 01/01/2021

Legislative History

  • 10/16/2020

    First Reading

  • 10/23/2020

    Second Reading

  • 10/30/2020

    Perfection

  • 11/13/2020

    Third Reading

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