Lease of Riverfront Land to Material Sales Company
City of St. LouisCity · St. Louis, MO- Disclosed value
- $17,812.72 for the first year and increasing by 3% each year thereafter
- From minutes
- Document date
- May 29, 2026
- Term
- 5 years
The 30-second brief
The St. Louis Board of Aldermen recommended the approval of a five-year lease agreement between the City and Material Sales Company for land and mooring between two bridges, with escalating rent terms. The lease begins at $17,812.72 for the first year, increasing by 3% each following year. The action moves the lease amendment forward for final approval.
Material Sales Company holds this lease contract with City of St. Louis.
Term as filed: 5 years.
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Contract details
- Contract type
- Lease
- Amount
- $17,812.72 for the first year and increasing by 3% each year thereafter
- Document date
- May 29, 2026
- Term
- 5 years
- Vendor
- Material Sales Company
- Agency
- City of St. Louis
- Source document
- St. Louis Board of Aldermen Minutes 2026-05-29 (Minutes)
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Questions about this contract
Who was awarded the lease contract by City of St. Louis?
Material Sales Company was awarded this lease contract by City of St. Louis, as recorded on May 29, 2026. The contract value is $17,812.72 for the first year and increasing by 3% each year thereafter.
How much is the Material Sales Company contract with City of St. Louis worth?
The Material Sales Company contract with City of St. Louis is valued at $17,812.72 for the first year and increasing by 3% each year thereafter, covering lease work.
What type of contract is this?
This is a Lease contract, documented as a minutes record.
Where was this contract approved?
This contract appears in St. Louis Board of Aldermen Minutes 2026-05-29 (Minutes), dated May 29, 2026 from City of St. Louis. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Material Sales Company hold?
Material Sales Company may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
What is City of St. Louis currently buying?
Explore City of St. Louis's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.