St. Louis Board of Aldermen Agenda 2026-06-18
St. Louis Renews 5-Year Lease With Material Sales Company
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Description
The St. Louis Board of Aldermen approved a five-year Second Amendment Lease Agreement with Material Sales Company for riverfront land and mooring between the MacArthur and Poplar Street Bridges, starting at an annual rate of $17,812.72 and increasing by 3% each year.
Contract Details
Contract Amount
$17,812.72 for the first year and increasing by 3% each year thereafter
Vendor
MATERIAL SALES COMPANY
Agency
City Hospital Laundry Building Tdd, MO
Contract Type
OTHER
Document Date
June 18, 2026
Contract Term
5 years
Renewal Date
2031-06-18
Renewal Info
Second amendment to the lease; five-year renewal with annual escalator.
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