Ordinance 69433

Summary

BOARD BILL NO. 37_ INTRODUCED BY ALDERMAN STEPHEN CONWAY 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® Restated & Amended Lease Agreement AL-223 (the “Lease Agreement”) with a term beginning on the Commencement Date and ending on the last day of the twentieth Contract Year as provided for in Section 301 of the Lease Agreement, between the City and Signature Flight Support Corporation (the “Lessee”), a State of Delaware corporation, granting to the Lessee, subject to and in accordance with the terms, covenants, and conditions of the Lease Agreement, certain rights and privileges in connection with the occupancy and use of the Leased Premises, which is defined and more fully described in Section 201 of the Lease Agreement that was approved by the Airport Commission and is attached hereto as ATTACHMENT “1” and made a part hereof; containing a severability clause and an emergency clause.

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