St. Louis Board of Aldermen Agenda 2026-06-12
City Approves Five-Year Lease with Material Sales Company
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Description
The Board of Aldermen approved a Second Amendment Lease Agreement with Material Sales Company for use of land and mooring between the MacArthur Bridge and Poplar Street Bridge, at $17,812.72 for the first year with a 3% annual increase, for five years.
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
OTHER
Document Date
June 12, 2026
Contract Term
5 years
Renewal Date
2031-06-12
Renewal Info
Five-year agreement, with annual rent increases of 3%. Amends prior lease terms; described as 'Second Amendment Lease Agreement.'
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