Board Bill Number 303 In Session 2009-2010

Summary

BOARD BILL NO. 303_ INTRODUCED BY ALDERMAN TERRY KENNEDY An Ordinance recommended and approved by the Board of Estimate and Apportionment authorizing and directing the Director of Airports and the Comptroller of the City of St. Louis (the "City") to enter into and execute on behalf of the City the Lambert-St. Louis International Airport® ("Airport") Automated Teller Machine Concession Agreement AL-075 (the "Agreement"), between the City and Commerce Bank N.A. (the "Concessionaire"), granting to the Concessionaire the non-exclusive right, license, obligation, and privilege to design, construct, operate, manage and maintain an Automated Teller Machine ("ATM") Concession at the Airport within the premises as described in the Agreement, subject to and in accordance with the terms, covenants, and conditions of the Agreement, which was approved by the Airport Commission and is attached hereto as ATTACHMENT "1" and made a part hereof; providing that the provisions set forth in this Ordinance shall be applicable exclusively to the Agreement; containing a severability clause; and containing an emergency clause.

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