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FACILITIESPENDING

St. Louis Board of Aldermen Minutes Regular Meeting 2026-05-08

City advances five-year riverfront lease with Material Sales

$17,812.72 for the first year, increasing by 3% annually over a 5-year termCity Hospital Laundry Building TddMATERIAL SALES COMPANYMay 8, 2026

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Description

The St. Louis Board of Aldermen introduced Board Bill 21 to approve a Second Amendment Lease Agreement with Material Sales Company for riverfront land and mooring space between the MacArthur and Poplar Street bridges. The five-year lease sets first-year rent at $17,812.72 with 3 percent annual increases and was referred to the Transportation and Commerce Committee for further consideration.

Contract Details

Contract Amount

$17,812.72 for the first year, increasing by 3% annually over a 5-year term

Vendor

MATERIAL SALES COMPANY

Agency

City Hospital Laundry Building Tdd, MO

Contract Type

FACILITIES

Document Date

May 8, 2026

Contract Term

5 years

Renewal Info

Second Amendment to an existing lease between the City and Material Sales Company, establishing a new five-year term with escalating rent; future renewals or amendments would require additional board action.

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Related Contracts

St. Louis Board of Aldermen AgendaPacket 2026-05-15

City Hospital Laundry Building Tdd (Missouri)$17,812.72 for the first year and increasing by three (3) percent each year thereafterMay 15, 2026

St. Louis Board of Aldermen AgendaPacket 2026-05-15

City Hospital Laundry Building Tdd (Missouri)$17,812.72 for the first year and increasing by 3% each year thereafterMay 15, 2026

St. Louis Board of Aldermen Minutes Regular Meeting 2026-05-08

City Hospital Laundry Building Tdd (Missouri)$17,812.72 for the first year and increasing by three (3) percent each year thereafterMay 8, 2026

St. Louis Board of Aldermen Minutes Regular Meeting 2026-05-08

City of St. Louis (Missouri)$17,812.72 for the first year, increasing by 3% annually over 5 yearsMay 8, 2026

St. Louis Board of Aldermen Minutes Regular Meeting 2026-05-08

City of St. Louis (Missouri)$17,812.72 for the first year, increasing by 3% each year thereafterMay 8, 2026

Issuing Agency

City Hospital Laundry Building Tdd

Special District

Saint Louis, MO

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Vendor

MATERIAL SALES COMPANY

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