HomeMy Public PortalAbout13717ORDINANCE NO. 13717
AN ORDINANCE, authorizing the Executive Director and Secretary-Treasurer to
lease certain real property of The Metropolitan St. Louis Sewer District, lying in the City of St.
Louis, Missouri consisting of a rectangular-shaped parcel located in the northernmost corner of
the Bissell Treatment Plant property, adjacent to property of Archer-Daniels-Midland Company
(ADM Company) and bounded by East Prairie Street, and to execute a Lease Agreement upon
the conditions hereinafter set out.
WHEREAS, The Metropolitan St. Louis Sewer District owns certain real property
in the City of St. Louis, Missouri, incident to its public functions and responsibilities, said
property being a rectangular shaped parcel along East Prairie Street and adjacent to the Sligo
property within the Bissell Treatment Plant property, St. Louis, Missouri, and
WHEREAS, ADM Company operates a grain distribution operation along the
Mississippi River and ADM is desirous of leasing said real property to be used as a staging area
for grain trucks waiting to be unloaded, and
WHEREAS, The Metropolitan St. Louis Sewer District is not using the
rectangular tract of land and has no current plans to use the rectangular tract of land, and
WHEREAS, The Metropolitan St. Louis Sewer District is willing to enter into
such lease with ADM and believes it to be advantageous and in the public interest to do so.
NOW, THEREFORE, BE IT ORDAINED BY THE BOARD OF TRUSTEES OF
THE METROPOLITAN ST. LOUIS SEWER DISTRICT:
Section One. The Metropolitan St. Louis Sewer District does hereby lease to
ADM Company, upon the general terms and conditions hereinafter set forth, the real property
consisting of approximately 3.4 acres in a rectangular shape located in the northern corner of the
Bissell Treatment Plant property in the City of St. Louis, Missouri.
Section Two. The lease term shall commence on October 1, 2013 and shall
continue for a period of ten (10) years, to September 30, 2023, at the annual rental of Seventy-
Five Hundred Dollars ($7,500) with three (3), five-year options to renew the lease upon the same
terms and conditions, with rent increasing by five per cent (5%) for each renewal term. The
Metropolitan St. Louis Sewer District may terminate the lease at any time upon notice in the
event it needs the property for its operations.
Section Three. The Executive Director and Secretary-Treasurer are hereby
authorized to execute on behalf of the District a Lease Agreement giving effect to Sections One
and Two hereof, and embodying such other general terms and conditions as are approved by the
office of the General Counsel of the District.
The foregoing Ordinance was adopted on September 12, 2013.