Ordinance 68383

Summary

BOARD BILL # 70 INTRODUCED BY ALDERWOMAN PHYLLIS YOUNG PRESIDENT LEWIS REED, AND ALDERMAN ALFRED WESSELS, JR. An ordinance authorizing and approving the First Amendment to Amended and Restated Master Lease between the City of St. Louis, Missouri (“City”) and St. Louis Municipal Finance Corporation (the “Finance Corp”) pursuant to which the real property on which the Kiel Opera House is released and removed from the terms and provisions of the Amended and Restated Master Lease, and the Agreement Relating to Existing Agreements among the City the Land Clearance for Redevelopment Authority for the City of St. Louis (“Authority”), Finance Corp, Kiel Center Redevelopment Corporation (“KCRC”), Kiel Center Partners, L.P. (“KCP”) and Opera House Redevelopment Company, LLC (“Redeveloper”) pursuant to which certain agreements relating to the Kiel Opera House and Scottrade Center are amended; authorizing certain other actions; and containing a severability clause.

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