Ordinance 71421

US Bank National Association Banking Concession Agreement

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Summary

This Third Amendment to US Bank National Association Banking Concession Agreement AL-278 extends the Term of the Agreement two years, now ending on November 30, 2023. This Agreement grants US Bank the non-exclusive right to operate a full-service banking concession at St. Louis Lambert International Airport. US Bank pays the Terminal 1 Rental Rate for its branch location (currently $28,472.07), and an ATM Transaction Fee of 55 percent all Foreign ATM Transactions. This Concession Agreement provides essential services for the traveling public.

Overview

Session: 2021-2022

Board Bill Number: 107

Sponsor: Shane Cohn

Effective: 12/23/2021

Legislative History

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

  • 10/01/2021

    First Reading

    Bill text was introduced (1.01 MB PDF).

  • 10/01/2021

    Referred to a Committee

    The bill was assigned to the Transportation and Commerce Committee.

  • 10/19/2021

    Committee Hearing

    The bill was passed out of committee with a recommendation of do pass during the Transportation and Commerce Committee hearing.

  • 10/22/2021

    Second Reading

  • 10/29/2021

    Perfection

    The bill was passed.

  • 11/05/2021

    Third Reading

    The bill was passed.

  • 11/05/2021

    Enrollment

  • 11/05/2021

    Delivered to Mayor

  • 11/24/2021

    Mayor Returns Bill

    The bill was approved.

  • 11/24/2021

    Delivered to Register

  • 11/29/2021

    Register Returns Notice with Ordinance Number

    Register returns ordinance number 71421. Effective date is 12/23/2021

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