HomeMy Public PortalAbout10085 O R D I N A N C E NO. 10085
AN ORDINANCE, authorizing and directing the Executive Director and
Secretary-Treasurer on behalf of The Metropolitan St. Louis Sewer District to lease certain real
property of The Metropolitan St. Louis Sewer District, lying in the City of St. Louis, Missouri, to
the Walgreen Company for use as a parking lot and to execute and deliver a Lease
Agreement upon the conditions hereinafter set out.
WHEREAS, the District owns certain real property in the City of St. Louis,
Missouri which it has been leasing to Red Bird Lanes, Ltd. for use as a parking lot, and
WHEREAS, the Walgreen Company has purchased the business of Red Bird
Lanes, Ltd. and desires to enter into a new lease with the District covering said real property;
and
WHEREAS, the District is willing to enter into such a lease, 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 is hereby authorized to
lease to the Walgreen Company upon the general terms and conditions hereinafter set forth,
the following described real property:
A parcel of land in Outlot No. 65 of the City of St. Louis, Missouri, and more
particularly described as follows: Beginning at the southernmost corner of property
conveyed to Ivan Lusicic and wife by deed recorded in Book 6399, Page 191, City of
St. Louis, Missouri, Recorder's Office, said point being in the northwest line of Gravois
Avenue, 80' wide at its intersection with a line parallel to, and 10' northeasterly from,
measured at right angles to, the northeast line of the River des Peres Drainage Works
right-of-way, 270' wide; thence northwesterly along the southwest line of said Lusicic
property, and that of Parcel No. 2 of property conveyed to Grav-Hamp Corporation, by
deed recorded in Book 7821, Page 140, said Recorder's Office, and being along said
parallel line, 282.67' to the westernmost corner of said Parcel No. 2 of said Grav-
Hamp Corporation property; thence southwesterly along the southwestern prolongation
of the northwest line of said Grav-Hamp (Parcel No. 2) property, 50' more or less to
the top edge of the rip-rap on the northeast bank of said Drainage Works; thence
southeasterly along said edge of said rip-rap, 285' more or less to the northwest line
of said Gravois Avenue; and thence northeasterly along said street line, 50' more or
less to the beginning.
Section Two. The lease shall be for an original term of five (5) years, with an
option whereby Lessee may renew said lease for an additional five (5) years, at the rental of
One Hundred Fifty Dollars ($150.00) per month during the original term and One Hundred
3
Fifty-seven and 50/100 Dollars ($157.50) per month during the renewal term.
Section Three. The Executive Director and Secretary-Treasurer are hereby
authorized and directed to execute and deliver on behalf of the District a Lease Agreement
giving effect to Sections One and Two hereof, and embodying such other terms and conditions
as approved by the Office of General Counsel of the District.
The foregoing Ordinance was adopted May 8, 1997.