MINUTES OF THE SPECIAL MEETING OF THE BOARD OF TRUSTEES

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MINUTES OF THE SPECIAL MEETING
OF THE
BOARD OF TRUSTEES
THE JUNIOR COLLEGE DISTRICT OF
ST. LOUIS - ST. LOUIS COUNTY, MISSOURI
TUESDAY, JANUARY 21, 1964 - 9:30 A. M.
A special meeting of the Board of Trustees of The Junior College District
of St. Louis - St. Louis County, Missouri was held on Tuesday, January 21, 1964
at the Central Office of the District at 4386 Lindeli Boulevard, St. Louis, Missouri.
1. General Functions
1.2 Roll Call
The Board President, Mr, G. V. Williamson, called the meeting to order
at 9:30 a.m. The following members of the Board were present:
Mrs. Joseph C. Basttan
Mr. Lester C. Gell
Mr. Morris Glaser
Mr. F. Wm. McCalpin
Mr. Guy S. Ruffin
Mr. Gerald V. Williamson
Also present were President Joseph P. Cosand, and Vice President John E.
Tirrell; of the Junior College staff.
Mr* Clarence M. Turley, Sr. and Mr. Clarence M. Turley, Jr. were
also present at this meeting.
Mr. Kenneth Teasdale, and Mr, Bruce E. Woodruff, of the firm of Armstrong,
Teasdale, Roos, Kramer and Vqughan, Counsel for the District, wore also present.
?'/•':
1/21/64
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,- 1
1.3 Minutes
There were no Minutes to be read at this Special Meeting.
1.5 Welcome to Guests
The President of the Board, Mr. Williamson, welcomed the various members
of the press, and representatives of the radio and television stations who were pres nt
at this special meeting of the Board of Trustees.
1.6 Communications
There were no communications to be read to the Board.
2.
PERSONNEL
N o report
3 . CURRICULUM A N D INSTRUCTION
No report
4 . COLLEGE FACILITIES
4.1 Recommendation to purchase 22.8 acres of land at the Highlands
The President of the College, Dr. Cosand, recommended that the proposal
to purchase approximately 22.8 acres of land at the Highlands, from the St. Louis
Arena Corporation, for $1,800,000 - as outlined in the attached Sales Contract —
ami as discussed by representatives from the Junior College District and the St. Louis
Arena Corporation - be considered by the Board of Trustees.
A general discussion followed.
\
£:•!..
-
1/21/64
- 2 -
Whereupon, on motion by Mr. GeM# seconded by Mr. Ruffin, and
adopted by the unanimous vote of all members of the Board of Trustees. .^Mr. Williamson
(Yes) Mr. Ruffin (Yes) Mr. Geil (Yes) Mrs. Bastion (Yes) Mr. McCalpin (Yes) and
Mr. Glaser (Yes) it was
RESOLVED, That the Board of Trustees ratify and approve the
sales contract between this District, and the St. Louis Arena
Corporation, in the form presented to this meeting and attached
to the Minutes thereof.
5
*
BUSINESS AND FINANCE
No report
°« STUDENT PERSONNEL SERVICES
No report
7. COMMUNITY RELATIONS
No report
8. NEW BUSINESS
No report
9.
ADJOURNMENT
Board President Williamson asked if there were any further business to come
before the Board. There was not, and Mr. McCalpin, made a motion that the meeting
be adjourned. Mr. Ruffin seconded the motion, and it was unanimously approved
at 9:55 a.m.
Respectfully submitted
Dolores Tygard, Secretary^ J U
Board of Trustees
The Junior College District of St. Louis - St. Louis C unty, Missouri
1/21/64
- 3 -
SAL£S QOHTRAOl1
9
aHIS AOHii.'&'i.NT ontorod i n t o t h i s
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'T"wpr
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cay of J a n u a r y , 196:1,
by and botwoon tho H'l. LOUIS AJUlilA COBP., a K i s s o u r i oox«poi*atlon
raPH^
( h o r o l n a f t o r c a l l e d " S o l l o r " ) and IK J JTOIOK C3LLiOK DI3TRIG'I OF
PHIl
ST. LOUIS, >ri. L0UI3 COUMW, KIS30UHI ( h o r o l r m f t o r c a l l e d "Puroh&nor" ) ,
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Wlhih-'A'.-;, S o l l o r d e s i r e s t o s o i l and Pure has or d e s l r o a t o purchase
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tho folio-win-.* d e s c r i b e d p r o p e r t y ( h o r n l n a f t o r c a l l e d tho " H l r h l a n d c " ) :
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A t r a c t of land In Block J4.OO2 (rorreyrly 2779 and ^590) of
tho C i t y of f>t. L o u i s , d e s c r i b e d a s , s p i n n i n g a t a p o i n t
In tho South lJ.no of Oakland Avonuo, -0 f o o t wldo, d l s t a n t 300 f o o t West of tho Vfost l i n o of haokllnd Avonuo,
100 foot wldo, oald p o i n t being the Northwest cornor of
p r o p e r t y oonvoyod to Oakland h o d l o a l B u i l d i n g , I n c . , by
deod r e c o r d e d i n book 6107 pa;-J yo\±.s thanoo VJostwardly
alone: tho South l i n o of Oakland Avonuo l,lj.7t' f a s t , thor.c-j
Southwardly and a t r i f i h t angloa to the South l i n o of Oakland Avonuo 1,032 f o o t , moro or l e s s , to tho North l i n o
of Ulso Avonuo, thence aaotwordly alor K ; tha North l i n o of
V/IEUJ Avonuo 3o5 foot t o an anr*lo p o i n t , thonoo c o n t i n u i n g
In an E a s t e r l y d i r e c t i o n alon;, tho North l i n o of Wiso
Avonuo 105.29 f o o t t o an nnc'lo p o i n t a t tho V/ost l i n o of
fomsor " u b l o t t o Avonuo (vaoatod by O r d n a n c e s ../37151 and
. 3 - 9 4 0 ) , thonoo tlorthwardly alon;- the s o s t l i n o of s a i d
former fiublotto Avonuo, boin;;; a l s o ths W'ost l i n o of p r o p a r t y oonvoyod t o Highland Park I n d u s t r i a l C e n t e r , I no .
by do'jd rocordod In book dlo9 pa.f.;o !>9i, U99»55 r o o t t o
tho c o n t o r l i n o of Borthold Avonuo (vacated by Ord Inane on i
.•3?1>1 and : '369!|-0), thonoo i a s t w a r d l y along the* oontor
llrj* of Bald fori.-or Sorthold Avenue, bo ini:; a l s o tho Worth
l l n u of p r o p e r t y oonvoyod t o H.irhlanc Park I n d u s t r i a l
Con'cor, I n c . , as a f o r o s u i d , 993.2!^ f a s t to tho Southwest
oornor of p r o p e r t y oonvoyod t o Oakland .-.odloal l i u l l d l n ^ ,
I n c . by dood rocordod i n boo;; .107 P&t- ^h» theneo Uorthwardly alon;- tho Wo a t l i n o of oald p r o p e r t y 00 oonvoyod to
Oakland Nodical B u i l d i n g , I n c . Jj.97.96 faot to tho South
l i n o of Oakland Avonuo, thy p o i n t of to .-Inning.
Wlild'A,''., th.-i p a r t i u o h o r o t o do a ?>•<..• to ui&k-:- mutually advantageous.
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p a r k i n g arran.'Hu-.ontn \tlth
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by S o l l o r oontl-ynoun t h o r o t o j
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rogaru t-) thy HI;-hiand a and p r o p e r t y r o t a l n o d
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terms, conditions, promises and agreements:
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Tarmo of 3aLa and Escrow Deposit - The Purchaser shall
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pay the total purchase price, subject to adjustments as hereinafter
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provided, on closing.
BPJSIMS
In order to provide Seller with security
prior to closing Purchaser shall, concurrently with the execution
Highlands
Certificates
Corporation
Corporation,
Hundred
of
ration
securities
owing
equivalent
out
the
before
Purchaser.
failure
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:ates
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any,
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of
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event
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ttoaof
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the
shall
of
agreement,
a
Fifty
ltoa
Deposit,
l St.
property
lpurchase
returned
said
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or
performance
closing
failure
escrow
amount
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pending
or
sums
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and
as
of
be
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Certificates
Hundred
other
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escrow
however,
borne
or
other
deposit
or
parking
of
Arrangements
price,
of
said
date
to
deposit,
property
is
the
property
money
negotiable
(aperformance
Purchaser,
by
Fifty
Dollars
not
by
amounts
agent,
Ifhereinafter
closing
sum
subsidiary
Purchaser.
endorsed
failure
hereby
sgreemant
Purchaser
Purchaser,
otherwise
while
shall
closed
30
inThousand
held
or
shall
paid
earned
escrow
($250,000,007
U,
of
- be
agreed
sums
the
to
Escrow
The
by
on
in
orS,
of
the
on
shall
held
olose
pay
specified
i Purchaser
escrow
tPurchaser,
a
same
or
assigned
parties
with
Dollars
Chicago
Government
by
held
l lthe
shall
sale
over
to
before
fees,
said
sby
be
is
shall
e
thereafter
date
be
Title
in
cshall
of
said
uheld
applied
be
and
rhereto
escrow
smade
Titlo
in
($250,000.00),
ie
shall
if
said
the
tof
Title
not
forfeited
iceparagraph
Title
return
Insuranoe
blank.
deLlver
securities
ube
sany,
in
rclosing,
,Highlands
the
ibe
dosing
and
t Certificates
ireturned
be
escrow.
as
agree
shall
purchase
eInsurance
ssum
due
incurred
Insurance
,entitled
aTrust
the
Said
to
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part
by
to
be
of
Corpo8,
esaid
Seller
balance,
date
or
ror
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tenter
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to
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Two
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the
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land horoby purchaoo3 and with t h e Inn-i r a t a l n a d by P a l l o r t o tho
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W.iat of tho Highlands p r o p e r t y (hero L r ^ t o r calluci "Arona p r o p a r t y " ) .
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Said pari:in.;: a -ro'uvmt Rhall c o n t a i n i" * c o n d i t i o n s , covunantn ami
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the a r e a s ^ark^d "A",
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B", " C " , "X", */" an.', "2" on a uap a t t a c h e d
h o r o t o and ii.ark.od -Exhibit " 2 " and r-jf •.•r.cdd t o in / x h l b i t 1, which
s a i d ir.ap I s a l s o e x p r e s s l y I n c o r p o r a t o r horoln. and j*;ado a p a r t
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L~:>;-iftlL puao.r.lpt Ions And 'far \,in :.-Ar£a,£lj_ •-?*£ .*. * Pure ha nor
s h a l l , a t I t s oxpoaso, caueo ur.aet i.•• a l d e s c r i p t i o n s to bo proparou
of tho aroae A,, /3, C, .\ t Y and Z i.a: . : on E x h i b i t 2 and tho oariov.ont
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t o bo c5.xi;a:jt >>:.; on. thu data of closi.-;. •.
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p r o p e r t y a'Vi to tho Arona p r o p e r t y p." Lor In aloalrv-: In orU^r t o
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oauao tho rweoscary aurvoyn a n ; l » ; a l i n s c r i p t i o n s t o b» mai'o and
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for nuch o t h o r p l a n n i n g purposes as -.ay b* usufo.1 t o tho D i a t r l c t ,
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provldwd said aocons r i g h t o do not i-.torf-ur-i with tho aao of the
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p r o p e r t y by th«.> Arona C o r p o r a t i o n ,
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to r-.i.;o-\i aoy tiw a l l of tho rldu?>
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t h s Off loo of Recorder of the C5ty of
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Purchauor n h a i l ,
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on convuyanco of tho H i g h l a n d s , suocood to any and a l l r i g h t s and
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d u t i e s and or any suoh oaoe^ont or o p t i o n a r r o o a o n t ,
Tho Highlands
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p r o p e r t y la t o bo convoy ad fro a of any o t h e r r e s t r i c t i o n s , l o a s o s ,
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l l c o n o o o , or oth&r arrooiuonts i'lvln.:.- any occupancy r i g h t s to any
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p a r t of tho Highlands p r o p o r t y , o t h e r than tho r o c t p r o o a l parktnv
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a£,rao:f.«ntn prox'ltion f o r horn In.
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y e a r s 1963 and p r i o r s h a l l b-a paid by Bvllotr p r i o r to c l o s l n r .
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bo a d j u s t e d fro;.: January t o datu of c l o a l n r and a h a l l bo coi-puttfd on
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tho b a s i n of tho l a t e s t a v a i l a b l e aos^a«;;;unt and r a t e and p r o r n t o d
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on tho bawta of a t h i r t y day :,onth.
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All P e r s o n a l P r o p o r t y 'Xaxus, If
any, which ;.ay bo duo on any p r o p a r t l o s or f i x t u r o a
looatod on tho
Highlands p r o p o r t y s h a l l bo th•' o b l l . ^.tlon of S c l l u r .
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Purchaser
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3 h a l l pay a l l r u c o r d l n g fooa o;;aopt a o s t a , If any, of r o l o a o l m '
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<3no ui». bra no OB on the p r o p o r t y which P a l l o r n h a l l pay.
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and la f a c t , and In t h i s regard Kollyr ai;:rooy to f u r n i s h Purchaaor
w i t h ovide noo t h a t I t l e a c o r p o r a t i o n In • oow utandin-' In i s l s r o o r l
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t h a t Itci c o r p o r a t e /'ranch is;-< toxoc havo b'j;i;i paid ami t h a t 1 la
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Board of D l r o e t o r o and shar*)h-.>ldora hav* duly passed an a p p r o p r i a t e
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r e s o l u t i o n a u t h o r i z i n g tho s a l ; of tho Highlands p r o p e r t y to
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ablu Purchasur a h a l l pay for v.\<> o u r t l f l o a t o
If t l t l > ; In iutv.rcb.antof t l t l o .
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founds not i..^rohautablo and :-'t:llcr cannot p^rJVjct t l t l u w i t h i n a l x t y
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days a f t ' i r da to flx.-rd f o r e l o i d m , ?:.•>. rc\\&a-.iv - a y , a t I t a o p t i o n
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Sailor s h a l l pay a l l oosta of t i t l o anamination, and tho c o s t s
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Incurred In tho preparation of the surveys and logal d e s c r i p t i o n s
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to bo made in accordance with paragraph ~j but t h i s s h a l l not roliove
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Sailor of i t s obligations hereunder.
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C losing- Da to - This s a l o I s to bo olonod a t tho off loo of
purchased
pof
but
bcoto
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EXHIBIT ifl
PROVISIONS OP REOIPHOCAL PARKING AGREEMENT
A roclprocal agreement whereby The Junior College District of
3t» Louis, St. Louis County, Missouri (hereinafter called "District")
will bo able to utilize a part of the St. Louis Arena Corporation
Arena
quirements,
so
arena
constitute
to
perty
the
shall
by
parking
legal
utilize,
tion
the
both
long
raap
parties
employees
on
3.
faculty,
classes
hereinafter
2.
tho
to
1.
(hereinafter
Corporation.
structure,
contain
descriptions
to
Highlands
Arena
Friday
as
attached
parties
facilities
District
during
be
Use
Duration
Porta
(b)
(a)
a
the
and
on
convened
covenant
or
Corporation
of
the
The
shall
Subject
St.
at
employees,
of
closing
weekends,
and
shall
designated
activities
property
unless
Parking
asreto
6
shall
Agreement
following
called
Arena
Louia
of
during
P.M.
otherwise
have
The
to
running
terminate
all
to
of
have
promptly
as
tho
Arena
Corporation
Facilities
for
provisions
"Arena
property
Paragraph
and
students
areas
parking
the
tho
Exhibit
from
are
provisions:
District,
-each
use
with
use
the
week
The
sale
in
is
scheduled.
upon
Corporation")
concerned
of
Friday
restored.
an
property
week
for
standing,
agreement
facilities
and
for
the
of
and
"2"
3(c)
the
appropriate
of
and
the
parking
Time
said
shall
persona
parking
during
land
and
tho
the
at
areas
hereof
its
demolition
herein
6
being
St.
Highlands
agreement
shall
with
The
be
shall
patrons,
i'.M.
on
hereinafter
of
the
will
having
from
Loula
entered
Agreement
the
form
tho
retained
public
reference
the
as
be
until
year
contain
be
Monday
District,
of
Highlands
acknowledged
described
District
Arena
for
shall
property
customers
business
able
when
the
into
Monday
parking
recording.
designated
by
shall
adequate
at
both
present
Corporabe
to
aohool
between
the
area
7
its
on
and
binding
proat
with
A.M.
reand
=
I
©vents, f u n c t i o n s , e x h i b i t i o n s o r e t h e r forms of p u b l i c
linffllPl
e n t e r t a i n m e n t a r e achorlulled.
(c) During a number of week n i g h t s (Monday t h r o u g h
rafifflrajl
K n l
Thursday, a f t e r 6:00 P.M.) t h r o u g h o u t t h e y e a r (not t o
IfflBflf
exceed $0)
|MBM
the D i s t r i c t s h a l l have no r i g h t t o use the
Arena
Tho
nD
E
k•
eptho
event
rdraw
apace
of
sibefore
the
than
entvfohrxisqfogetahseuip.nthe
tliofpaown
arefe
cieltrbirstUse
r,from
o10
i(rieeieoThe
C
catednvdya)September
ptqhowever,
sudoeoArena
nc2eburirhiaw
dof
ftrmarked
at)
to
puinhgiotArena
vas
During
ebe
olsuch
oioiysgerhldanslrnodiP
bo
sltuagseiyD
hascheduled
immediately
i3uch
tlnnitaagroea
allow
rtinogsehakwhen
twithdrawn
rduse
lsgnealtC
endeavor
ia"B"
utenaon
p30th
tin
the
rodgweek
pibo
of
u"C",
rncafsuch
rpgoamount
tpaF
rduring
the
"A"
okrm
any
time
oto
aripof
such
the
sacunor
pndeatitgArena
iapon
siurloglS
,sfrom
each
tsuch
roialnokon
htasiyerolniE
and
puof
slrtto
etime
w
enygieagstxosgheiarhsuch
chdnm
veC
.yatho
ithe
isefqw
rof
v-csethe
bloieucas
letaireaiAreas
of
Thia
tethe
nirpbdm
hArena
raon.p,space
stosioArena
ru2I*
B,
.tetho
ortnehaupaaid
c,iatgnabetThe
D
saicrtufoirlhsteiyoehtnvhP
eu-B
use
asaenC
eaidso
sbltcdArena
elC
ravitto
rjohenhadrD
eihas
oredangifecswithdrawn,
nxof
cpridceagrtuboth
cposrat,of
D
lt12
ortipiuh,prompt
pB
arieroeihhowover,
siC
ateradsuncishowover,
as
etho
tmonths
srotvtipcv3(b)
errnoehton
to
own
iapraay
nhocsmay
eroeD
dut.use
rorion
nno
umay
staieoon
lpof
othe
tsoyeisw
use
The
on
be
atodf.iof
more
rto
be
inckituse
the
ech-ort- ' s
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(b) During the time specified in Paragraph 3(a), but
lllll
subject to th© provisions of Paragraph 3(c) the Arena
S l S
Corporation will allow the District exclusive use of the
S^ll
area designated as "Z" on Exhibit 2 attached hereto. The
iliiil
Arena Corporation shall Malso
allow the District exclusive
tt
and
from
shall
an
the
of
along
theeasement
400
for
events
Highlands
and
easeaent
ingress
shall
Arena
All
subject
Paragraph
traffic
^"
the
5.
poses,
said
use
be
the
feet
the
flights
exita
Arena
parking
created
(b)
of
(a)
East
have
.Joint
Corporation
or
ticae,
purposes
and
extending
to
by
which
entering
the
granted
property
of
During
Corporation
3(b)
The
free
a
the
line
egress
Basement
so
areas
of
in
width
the
Arena
said
provisions
shall
long
Ingress
order
ingress
of
set
Arena
by
the
District
aadjacent
marked
specified
does
and
of
said
use
the
like
Corporation
aa
out
blows
be
to
$0
traffic
Corporation
the
The
and
said
the
not
District
and
building
through
in
allow
distance
of
Xproperty
east
specified
District
Arena
to
Egress:
Paragraph
intorfore
egress
.
areas
in
Paragraph
and
the
leaving
both
Paragraph
building.
the
agrees
between
for
"Y»
Corporation
of
building
are
property
through
during
parties
Arena
shall
[
in
a
on
,
3.
with
.the
0
used
0
3(0),
north
that
Paragraph
Exhibit
the
feet
kDistrict
Corporation
grant
the
Arena
These
the
East
for
during
free
so
all
western
the
and
does
along
times
normal
long
parking
of
2
Arena
an
Corporation
access
joint
District
south
3(a),
during
not
the
property
the
easement
as
and
specified
boundry
entrances
property.
Corporation
ticnes
said
easements
Arena
distance
purto
next
butand
may
to
of
to
and
In
1118
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§111111
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(o)
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devices m a y be expected or utilized o n the parking areas
mm
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described herein by either party 90 long aa aald dovices do
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n o t interfere with tho use by the other party o f the parking
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areas during tho tiraos reserved to i t .
Wm
7.
mm
Construction and Maintenance of Parking A r e a s - Each party
shall construct, maintain and keop adequately lighted its own park-
mm
ing f a c i l i t i e s . ttach party shall maintain the parking facilities
mm
in a useable condition.
Neither party shall be required to p o l i c e ,
mm
maintain or otherwise supervise the parking areas located upon the
Mm.
p r o p e r t y o f the o t h e r p a r t y u n l e s s a p a r t y m a y h a v e elected to p r o -
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vide parking control devices as specified in Paragraph 6(c) hereof.
Wm
&'
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The parties agree that traffic control o r othor
A c c e s s to Parking - T h e District agrees that the areas
mm
owned by it to be used by the Arena Corporation on weekends shall
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be closed to the public and to the Junior College District on any
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such weekend (or day or night thereof) that the A r e n a Corporation
am
holds an event, function, exhibition or othor form of entertainment
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(other than bowling), so that during 3aid weekends acces3 to the
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parking areas raay be exclusively controlled by the Arena Corporation.
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The Arena Corporation agrees that its parking areas made available
IBS
to the District shall be for the exclusive use of said District, its
fig
t achera, students, employees and persons having business with the
District during the weekdays specified in Paragraph } t and while
school classes or activities are scheduled.
9»
Extent of Reciprocal A g r e e m e n t - T h e parking privileges to
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be granted are limited insofar as the Arena Corporation is concerned,
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'to patrons and employees of the Arena Corporation, and the privileges
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granted by tho Arena Corporation to tho District are limited to use
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by students, faculty, employees and other persons having business
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with the District. Kach party shall be entitled bo do tormina its
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own charges for parking privileges and the wanner in which such
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OAKLAND
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C.B.5759
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Supplement t o Agreement d a t e d January 20, 1964, between
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ST. LOUIS ARENA CORPORATION a n d THE JUNIOR COLLEGE DISTRICT OF
RIIR
Inasmuch a s t h e p a r t i e s do n o t have adequate s u r v e y s or c o r r e c t
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l e g a l d e s c r i p t i o n s , i t i s agreed t h a t s a i d agreeme3it i s b e i n g
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executed s u b j e c t t o t h e f o l l o w i n g :
JasgHTOli
1.
:,• .„
The measurement of 1478 f e e t on Oakland Avenue may or may
n o t be c o r r e c t .
2.
Bi|H|
I t i s i n t e n d e d t o be a d i s t a n c e e x t e n d i n g
BfflHill
t o a p o i n t on Oakland Avenue which running n o r t h and south
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i s a p p r o x i m a t e l y 30 f e e t e a s t of t h e 1 - s t o r y b u i l d i n g shown
8^1111111
on the map marked E x h i b i t 2 and a t t a c h e d t o t h e c o n t r a c t of
fflffiHHi
Surveys of a l l p r o p e r t i e s e i t h e r b e i n g s o l d o r s u b j e c t e d t o
rara»m
easements h e r e u n d e r , t o g e t h e r with l e g a l d e s c r i p t i o n s t h e r e o f ,
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s h a l l be made or caused t o be made by the J u n i o r C o l l e g e ,
,
and agreement i s s u b j e c t t o such surveys and l e g a l d e s c r i p -
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tions being approved by attorneys for both buyer and seller.
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The 50 foot easement in p a r a g r a p h 5 ol' p a r k i n g agreement
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r e f e r s t o 50 f e e t on p r o p e r t y b e i n g purchased by J u n i o r
| | n | | l
3.
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C o l l e g e , and J u n i o r College s h a l l have casement on 15 f e e t
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M e r c h a n t a b l e t i t l e of r e c o r d and i n f a c t r e f e r r e d t o i n
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p a r a g r a p h 7 of agreement s h a l l b© s a t i s f i e d i f t i t l e company
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i s p r e p a r e d t o i s s u e i t a owners p o l i c y s u b j e c t only t o t h e
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exceptions s e t f o r t h in agreement.
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D e l e t e t h e l a s t s e n t e n c e of p a r a g r a p h 4 (b) of P a r k i n g
IliPiffilffi
Agreement and i n s e r t i n l i e u t h e r e o f t h e f o l l o w i n g :
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5,
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"Except when i t w i l l i n t e r f e r e w i t h t h e bona f i d e
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o p e r a t i o n of Arena C o r p o r a t i o n , t h e Arena C o r p o r a t i o n
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a h a l l a l s o a l l o w t h e D i s t r i c t n o n - e x c l u s i v e use of
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t h e a r e a s marked'X' and *Y* on E x h i b i t 2 d u r i n g
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a a i d t i m e , so long ao s a i d a r e a s a r e used for p a r k i n g
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X^urposes, which s a i d u s e t h e Arena C o r p o r a t i o n doea
1111 •^Iffl
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n o t g u a r a n t e e w i l l be c o n t i n u e d . "
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6.
With r e f e r e n c e t o p a r a g r a p h 4 of s a l e s C o n t r a c t , i t i s u n -
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derstood t h a t a l l personal p r o p e r t y connected with the
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'Comet R i d e , " i n c l u d i n g t h e r o l l e r c o a s t e r oar a, s h a l l remain
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the p r o p e r t y of a e l l o r b u t may be used by t h e p u r c h a s e r u n t i l
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A p r i l 30, 1965.
S e l l e r s h a l l c o n t i n u e t o have t h e r i g h t t o
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remove tine r i d e s and o t h e r amusement d e v i c e s r e f e r r e d t o i n
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paragraph 4 u n t i l A p r i l 30, 1963; p r o v i d e d , however, t h a t
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s a i d r i g h t of removal may be s h o r t e n e d t o n i n e t y days from
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Ur
-'-' w r i t t e n n o t i f i c a t i o n t h a t p u r c h a s e r r e q u i r e s the* u»e ot
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nil iiiriuiimn.il iii 11
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the property on which s a i d r i d a a and d©vic®s are located
Cox building or other purpoaes.
7.
The f i r s t sentence of paragraph 2 of Parking Agreement ia
amended t o read;
"The provisions of tho agreement s h a l l he binding so
long a s the St. Xaouis Arena i a standing and i s used
for public entertainment, with p u b l i c parking r e q u i r e ments, and s h a l l terminate upon the demolition of the
present arena s t r u c t u r e , u n l e s s promptly r e s t o r e d . "
8.
The t h i r d sentence of paragraph 3 (c) of Parking Agreement
s h a l l be changed t o reads
"Th© [email protected] Corporation s h a l l notify the D i s t r i c t of
the events t o be scheduled by i t as soon a s p r a c t i c a b l e
but in no ©vent l e s s than s i x t y (60) days, provided
t h a t on no mora than 10 n i g h t s during tine year tho
Arena Corporation may us® i t s own Arena area for parking
without having previously so n o t i f i e d the D i s t r i c t . "
Dated January 20, 1964.
ST, imZfr-,ARENA CORP,
ay LalL... tfiJMAtl' J
THE JUNIOR C0IAEG8 DISTRICT OF ST. LOUIS,
ST, I&UJS COUHTY, MISSOURI
By CLARENCE M. TUJHUSY, INC.
BK,
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