St. Louis Board of Aldermen AgendaPacket 2026-05-15
City considers five-year riverfront lease amendment
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Description
The St. Louis Board of Aldermen is considering a Second Amendment Lease Agreement with Material Sales Company for riverfront land and mooring between the MacArthur and Poplar Street bridges. The five‑year lease would start at $17,812.72 in the first year, with a three percent annual increase.
Contract Details
Contract Amount
$17,812.72 for the first year and increasing by three (3) percent each year thereafter
Vendor
MATERIAL SALES COMPANY
Agency
City Hospital Laundry Building Tdd, MO
Contract Type
FACILITIES
Document Date
May 15, 2026
Contract Term
Second Amendment Lease Agreement for five (5) years
Renewal Info
Second Amendment to an existing lease; five-year term with 3% annual rent escalator; prior lease terms not detailed in this document.
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