Ways & Means Comm. Meeting
11/08/17, 11:00 AM - 12:00 PM
Notice: Because of the Global Pandemic declared on March 11, 2020, and subsequent Federal, State and Local Public Health Orders, for the protection of the public and in keeping with CDC guidelines, meetings will be restricted to no more than 10 persons maintaining a distance of 6 feet apart. Many meetings will be held via video/teleconference in lieu of in-person meetings. Please review the meeting notice closely for instructions on where/how to join the meeting.
Aldermanic Committee Meeting
Board Bill Number 58
Introduced by Alderman Stephen Conway
BOARD BILL NO. 58 INTRODUCED BY ALDERMAN STEPHEN CONWAY An ordinance pertaining to the payroll expense tax, repealing, subject to voter approval, those exemptions from the tax in section nine of ordinance 60737 for religious and charitable organizations and institutions, not-for-profit civic, social, service or fraternal organizations, not-for-profit hospitals and not-for-profit educational institutions that employ more than twenty (20) employees; submitting to the qualified voters the question whether the exemptions to the payroll expense tax for religious and charitable organizations and institutions, not-for-profit civic, social, service or fraternal organizations, not-for-profit hospitals, and not-for profit educational institutions that employ more than twenty (20) employees shall be repealed and a payroll expense tax of one-half of one percent (0.5%) imposed; providing for the conducting of an election on such a question; providing, upon voters’ approval of such repeal of the exemptions, for the effective date for imposition of the payroll expense tax upon religious and charitable organizations and institutions, not-for-profit civic, social, service or fraternal organizations, not-for-profit hospitals, and not-for-profit educational institutions that employ more than twenty (20) employees; with an emergency clause.
Board Bill Number 130
Introduced by Alderwoman Cara Spencer, Alderman Dan Guenther, Alderman Scott Ogilvie, Alderman Shane Cohn
BOARD BILL NO. 130 SPONSORED BY ALDERWOMAN CARA SPENCER, ALDERMAN SCOTT OGILVIE, ALDERMAN SHANE COHN, ALDERMAN DAN GUENTHER An ordinance pertaining to the levying of certain fees as described herein upon tickets sold for events at City-owned facilities, including the Scottrade Center, the Peabody Opera House, and any new City-owned professional soccer stadium and other City-owned buildings used for sports and entertainment purposes to fund certain construction, reconstruction and improvements as described herein and authorizing and directing the establishment of The Sports and Entertainment Facilities Support Fund by the Comptroller or other appropriate City Officer, providing public funding for such activities and repealing Ordinance 70473.
Board Bill Number 175
Introduced by Alderman Jack Coatar
BOARD BILL #175 INTRODUCED BY ALDERMAN JACK COATAR An ordinance recommended by the Board of Estimate and Apportionment authorizing and directing that The City of St. Louis, Missouri Taxable Tax Increment Revenue Note (706 Market Redevelopment Project) Series 2016-A dated April 19, 2016 in a principal amount not to exceed $7,000,000 plus issuance costs (the “Series 2016-A Note”) be refunded and reissued as a Tax-Exempt TIF Note (as defined in Ordinance No. 69647) with a reduced interest rate (the “Reissued Series 2016-A Note”); authorizing and directing the City to enter into a Placement Agreement (the “Placement Agreement”) with Stern Brothers & Co. (the “Placement Agent”), pursuant to which the parties provide for the purchase of the Reissued Series 2016-A Note by the initial purchaser thereof (“Purchaser”); authorizing and directing the Mayor and the Comptroller on behalf of the City to execute and deliver the Reissued Series 2016-A Note; authorizing and directing the Mayor and the Comptroller to execute and deliver a Tax Compliance Certificate in connection with the issuance of the Reissued Series 2016-A Note; authorizing and directing the taking of other actions and approval and execution of other documents as is necessary or desirable to carry out and comply with the intent hereof; amending provisions of Ordinance No. 69647 (the “Original Note Ordinance”) as set forth herein; superseding provisions of prior ordinances of the City to the extent inconsistent with the terms hereof; and containing a severability clause.
Nov 3, 2017 3:14 PM
Last updated: Nov 6, 2017 8:35 AM
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