GOV
Ordinance 71392
Centerpoint Terminal Company Lease
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.
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Overview
Legislative History
Legislative activities and outcomes for this board bill. Learn more about what these activities mean.
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04/30/2021
First Reading
Bill text was introduced (603.00 KB PDF).
04/30/2021Referred to a Committee
The bill was assigned to the Transportation and Commerce Committee.
07/06/2021Committee Hearing
The bill was passed out of committee with a recommendation of do pass during the Transportation and Commerce Committee hearing.
07/09/2021Second Reading
07/13/2021Perfection
The bill was passed.
07/15/2021Engrossment
The bill was engrossed during the Engrossment, Rules, Resolutions and Credentials Committee.
07/16/2021Third Reading
The bill was passed.
07/16/2021Delivered to Mayor
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