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Malden authorizes 10-year extension to Weaver Popcorn Bulk lease

Malden City Council · July 21, 2025
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Summary

The Malden City Council authorized the mayor to execute an amendment extending Weaver Popcorn Bulk, LLC's lease 10 years (to 2065) in exchange for refraining from paving a gravel road adjacent to the company's building. The measure passed unanimously July 21, 2025.

Malden, Mo.

The Malden City Council on July 21 authorized Mayor Denton Kooyman to execute an amendment extending Weaver Popcorn Bulk, LLC's lease for an additional 10 years, extending the tenancy until 2065. DED/Airport Director David Blalock told the council the extension is in lieu of Weaver paving the gravel road by its building.

City Attorney Jonce Chidister said the extension is an option in the lease that can be exercised if both parties remain in compliance with the existing agreement. Council Member Jenkins moved to authorize the mayor to sign the amendment; Council Member Coleman seconded and the motion passed 8-0.

Why it matters: the extension secures long-term occupancy for a private industrial-park tenant and resolves a road-improvement negotiation by substituting a lease extension for capital paving work. The minutes do not provide financial terms or additional conditions beyond the period extension and the stated in-lieu arrangement.

Next steps: The mayor is authorized to sign the amendment; any further operational or maintenance responsibilities would be governed by the executed amendment and the underlying lease.