Central West End Community Improvement District
Details about the Central West End Community Improvement District
(a) A community improvement district, to be known as “The CWE Business Community Improvement District” (hereinafter referred to as the “District”), is hereby established pursuant to the CID Act on certain real property described below to provide services, construct improvements, impose taxes and carry out other functions as set forth in the Petition, which is attached hereto as Appendix A and incorporated herein by this reference.
(b) The District boundaries are set forth in the Petition and are generally described as follows: Kingshighway on its most Western boundary; Washington Avenue on its most Northern boundary; Walton Avenue on its most Eastern boundary; and Lindell Avenue on its most Southern boundary, provided that said boundaries are irregular and do not encompass all parcels located therein.
Apply to Serve (1 openings)
Openings include appointments labeled "Serving Beyond Term."
|James (Jim) Dwyer||Chairperson||07/01/2024|
Rev. Mo. Stat. 67.1401 through 67.1571
Rev. Mo. Stat. 108.170
Board Duties and Purpose
The District is authorized by the Petition, in accordance with the CID Act, to impose a tax upon retail sales within the District to provide funds to accomplish any power, duty or purpose of the District.
The District is authorized by the CID Act, at any time, to issue obligations, or to enter into agreements with other entities with the authority to issue obligations, for the purpose of carrying out any of its powers, duties, or purposes.
Such obligations shall be payable out of all, part or any combination of the revenues of the District and may be further secured by all or any part of any property or any interest in any property by mortgage or any other security interest granted.
Such obligations shall be authorized by resolution of the District, and if issued by the District, shall bear such date or dates, and shall mature at such time or times, but not more than twenty (20) years from the date of issuance, as the resolution shall specify.
Such obligations shall be in such denomination, bear interest at such rate or rates, be in such form, be payable in such place or places, be subject to redemption as such resolution may provide and be sold at either public or private sale at such prices as the District shall determine subject to the provisions of Mo. Rev. Stat. §108.170.
The District is also authorized to issue such obligations to refund, in whole or part, obligations previously issued by the District.
The District shall hold an annual meeting and adopt an annual budget no later than thirty (30) days prior to the first day of each fiscal year.
The District is authorized to use the funds of the District for any of the improvements, services or other activities authorized under the CID Act.
Pursuant to the CID Act, the District shall have all of the powers necessary to carry out and effectuate the purposes of the District and the CID Act as set forth in the CID Act.
The City of St. Louis hereby finds that the uses of the District proceeds as provided for in the Petition hereto will serve a public purpose by encouraging the redevelopment of real property within the District.
Within one hundred twenty (120) days after the end of each fiscal year, the District shall submit a report to the Register of the City and the Missouri Department of Economic Development stating the services provided, revenues collected and expenditures made by the District during such fiscal year, and copies of written resolutions approved by the board of directors of the District during the fiscal year. The Register shall retain this report as part of the official records of the City and shall also cause this report to be spread upon the records of the Board of Aldermen, pursuant to Section 67.1471 of the CID Act.
The term for the existence of the District shall be as set forth in the Petition, as may be amended from time to time or as such term may be otherwise modified in accordance with the CID Act.
Pursuant to the CID Act, the Board of Aldermen shall not decrease the level of publicly funded services in the District existing prior to the creation of the District or transfer the burden of providing the services to the District unless the services at the same time are decreased throughout the City, nor shall the Board of Aldermen discriminate in the provision of the publicly funded services between areas included in the District and areas not so included.
The Register shall report in writing the creation of The CWE Business Community Improvement District to the Missouri Department of Economic Development.
Member RequirementsAppointments require Board of Aldermen approval.
The Petition provides that the District shall be governed by a Board of Directors consisting of seven individual directors (collectively the “Directors” and each a “Director”), such Directors to be appointed by the Mayor of the City with the consent of the Board of Aldermen, in accordance with the CID Act and the qualifications set forth in the Petition.
By his approval of this ordinance, the Mayor does hereby appoint the following named individuals as Directors of the District for the terms set forth in parentheses below, and by adoption of this ordinance, the Board of Aldermen hereby consents to such appointments:
(2-years) 1-Property Owner and Business Owner located South of Pershing Avenue; Business Owner and Property Owner of a hotel with more than one hundred (100) guest rooms
(2 years) 1-Property Owner and Business Owner located South of Pershing Avenue; Business Owner and Property Owner of a full service grocery store of at least five thousand (5,000) square feet.
(2 years) 1-Property Owner located North of Pershing Ave.
(4 years) 1-Business Owner located South of Pershing Avenue; restaurant Business Owner.
(4 years) 1-Property Owner located South of Pershing Ave.
(4 years) 1-Business Owner located North of Pershing Avenue; restaurant Business Owner.
(2 years) 1-Business Owner located North of Pershing Avenue; retail Business Owner.
Questions and Feedback
If you have questions or any feedback about this content, please contact:
Boards and Commissions Liaison
Email & full profile
6 comments from people like you have helped us improve this page. Keep the feedback coming!