Ordinance 71392

Centerpoint Terminal Company Lease

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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.

Overview

Session: 2021-2022

Board Bill Number: 15

Primary Sponsors: Lisa Middlebrook

Effective: 08/05/2021

Legislative History

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

  • 04/30/2021

    First Reading

    Bill text was introduced (603.00 KB PDF).

  • 04/30/2021

    Referred to a Committee

    The bill was assigned to the Transportation and Commerce Committee.

  • 07/06/2021

    Committee Hearing

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

  • 07/09/2021

    Second Reading

  • 07/13/2021

    Perfection

    The bill was passed.

  • 07/15/2021

    Engrossment

    The bill was engrossed during the Engrossment, Rules, Resolutions and Credentials Committee.

  • 07/16/2021

    Third Reading

    The bill was passed.

  • 07/16/2021

    Delivered to Mayor

  • 08/09/2021

    Mayor Returns Bill

    The bill was returned without a signature.

  • 08/11/2021

    Delivered to Register

  • 08/19/2021

    Register Returns Notice with Ordinance Number

    Register returns ordinance number 71392. Effective date is 08/05/2021

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