Ordinance 71392

Centerpoint Terminal Company Lease

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Summary

This Board Bill authorizes a new Lease Agreement with the City of St. Louis and Centerpoint Terminal Company (“Centerpoint”), a Delaware limited liability company, for a period of ten (10) years with three (3) five (5) year mutual options for the purpose of berthing barges for unloading petroleum products at an annual base rent of $18,450 with a 2 percent annual escalator for the first ten (10) years at or near Mullanphy and Mound Streets for a total of 600 linear feet.

Overview

Session: 2021-2022

Board Bill Number: 15

Sponsor: Lisa Middlebrook

Effective: 08/05/2021

Legislative History

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

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