Ordinance 71387

Grossman Iron and Steel Company Lease

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Summary

This Board Bill authorizes a new Lease Agreement with the City of St. Louis and Grossman Iron and Steel Company, a Missouri corporation (“Grossman”), for a period of ten (10) years with three (3) five (5) year mutual options for the purpose of providing a turning radius for access to Grossman’s adjacent facilities, parking Grossman’s vehicles and storage at an annual base rent of $23,856 with a 2% annual escalator for the first ten (10) years at or near 21-99 North Market and 14 North Market and 2226 North First Street.

Overview

Session: 2021-2022

Board Bill Number: 18

Sponsor: Lisa Middlebrook

Effective: 09/05/2021

Co-Sponsors:

James Page

Legislative History

Legislative activities and outcomes for this board bill. Learn more about what these activities mean.

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