Ordinance 71256

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

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Ordinance

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.

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Legislative History

Session: 2020-2021
Board Bill Number: 145
Primary Sponsor: Marlene E Davis
Co-Sponsors:
Committee: Transportation and Commerce
First Reading: 10/16/2020
Second Reading: 10/23/2020
Perfection: 10/30/2020
Third Reading: 11/13/2020
Effective Date: 01/01/2021

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