HomeMy Public PortalAbout16341 Midland Optical LeaseO R D I N A N C E NO. 16341
AN ORDINANCE, authorizing the Executive Director and Secretary-Treasurer on
behalf of The Metropolitan St. Louis Sewer District to lease certain real property of the District in
the City of St. Louis, Missouri known and numbered as 1833 Knox Industrial Ave. to MOC
Acquisition Corporation d/b/a Midland Optical, for use as an employee and visitor parking lot, and
to execute a Lease Agreement upon the terms and 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 at 1833 Knox Industrial Ave., St. Louis, Missouri;
WHEREAS, MOC Acquisition Corporation d/b/a Midland Optical, a for-profit
entity is desirous of leasing said real property to be used as an employee and visitor parking lot;
and
WHEREAS, The Metropolitan St. Louis Sewer 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 does hereby lease to MOC
Acquisition d/b/a Midland Optical, upon the general terms and conditions hereinafter set forth, the
real property known and numbered as 1833 Knox Industrial Ave. in the City of St. Louis, Missouri.
Section Two. The lease term shall be for an initial term of five (5) years,
commencing May 1, 2024, at the rental of Two Thousand Four Hundred Dollars ($2,400.00) per
year, with one (1), five-year option to renew the lease upon the expiration of the initial term on the
same terms and conditions.
Section Three. The Executive Director and Secretary-Treasurer on behalf of The
Metropolitan St. Louis Sewer District are hereby authorized to execute a Lease Agreement giving
effect to Sections One and Two of this ordinance hereof and embodying such other terms and
conditions as approved by the Office of General Counsel of the District.
The foregoing Ordinance was adopted April 11, 2024