Ordinance 71489

Lease Agreement between the City of St. Louis and Grossman Century Company

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Summary

This Board Bill authorizes a Consent to Assignment which assigns an existing Lease Agreement between the City of St. Louis and Grossman Century Company f/k/a Grossman Iron and Steel Company (“Assignor”), a Missouri company, to Advantage Metals Recycling LLC (“Assignee”), a Delaware limited liability company, for certain land at or near 21-99 and 14 North Market at 2226 North First Street in the City for a period of ten (10) years which began on December 1, 2021 with three (3) five (5) year mutual options for the purpose of providing a turning radius to access Assignor’s adjacent facilities, parking of Assignor’s trucks, vehicles and trailers, and storage at an annual base rent of $23,856.00 per year, escalating by 2 percent per year thereafter for the first ten (10) years.

Download

St. Louis City Ordinance 71489 Document (1.49 MB PDF)

Overview

Session: 2021-2022

Board Bill Number: 205

Primary Sponsors: Lisa Middlebrook

Effective: 04/30/2022

Legislative History

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

  • 02/18/2022

    First Reading

    Bill text was introduced (1.56 MB PDF).

  • 02/18/2022

    Referred to a Committee

    The bill was assigned to the Transportation and Commerce Committee.

  • 02/24/2022

    Committee Hearing

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

  • 02/25/2022

    Second Reading

  • 03/04/2022

    Perfection

    The bill was passed.

  • 03/11/2022

    Engrossment

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

  • 03/11/2022

    Third Reading

    The bill was passed.

  • 03/14/2022

    Delivered to Mayor

  • 04/01/2022

    Mayor Returns Bill

    The bill was approved.

  • 04/04/2022

    Delivered to Register

  • 04/05/2022

    Register Returns Notice with Ordinance Number

    Register returns ordinance number 71489. Effective date is 04/30/2022

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