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FACILITIESPENDING

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

City considers five-year lease with Material Sales Company

$17,812.72 for the first year and increasing by 3% each year thereafterCity Hospital Laundry Building TddMATERIAL SALES COMPANYMay 15, 2026

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Description

The St. Louis Board of Aldermen is considering a Second Amendment Lease Agreement with Material Sales Company for land and mooring rights between the MacArthur and Poplar Street bridges. The proposed five-year lease starts at $17,812.72 in the first year with a 3% annual increase, pending committee and full Board approval.

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

FACILITIES

Document Date

May 15, 2026

Contract Term

5 years

Renewal Info

Second Amendment Lease Agreement to existing lease; includes five-year fixed term with 3% annual rent escalation. No explicit renewal options are described in the agenda text.

More from MATERIAL SALES COMPANY

Related Contracts

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

PENDING
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 Minutes Regular Meeting 2026-05-08

PENDING
City Hospital Laundry Building Tdd (Missouri)$17,812.72 for the first year, increasing by 3% annually over a 5-year termMay 8, 2026

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

PENDING
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

PENDING
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

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

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