Board Bill No. 290 | Session 2016-2017

MLS Stadium Financing Agreement

BOARD BILL NO. 290 INTRODUCED BY ALDERWOMAN CHRISTINE INGRASSIA, ALDERMAN JACK COATAR An ordinance recommended by the Board of Estimate and Apportionment and the Board of Public Service authorizing and directing the execution and delivery of a Stadium Project Financing, Construction and Lease Agreement (the "Financing Agreement") by and among The City of St. Louis, Missouri (the "City), SC STL LLC ("SC STL"), and the Land Clearance for Redevelopment Authority of the City of St. Louis (the "Authority"), pertaining to the design, construction, financing and leasing of a new multi-purpose stadium designed to host professional soccer and amateur sports, concerts, and community events (the "Stadium") to be located on property currently owned by the Missouri Highways and Transportation Commission (the "Commission") as part of the I-64 at 22nd Street Interchange (the "Property") and issuance of and provision for repayment of bonds issued by the Authority to finance said facility; authorizing the planning, design and construction of certain public works or improvements related to said facility; authorizing and directing the Mayor and the Comptroller to enter into and execute, on behalf of the City, said Financing Agreement; authorizing and directing the taking of other actions and approvals and execution of other documents as necessary or desirable to carry out and comply with the intent hereof; and containing an emergency clause and a severability clause.

Legislative History

Overview

Session:2016-2017
Sponsor: Christine Ingrassia
Co-Sponsors: Jack Coatar
Committee: Ways and Means
Actions: 02/10/2017 Perfection
02/10/2017 Third Reading
02/03/2017 Second Reading
01/20/2017 First Reading

Download Documents

Some of these documents have attachments that can only be viewed with Adobe Reader and cannot be viewed in the "preview" modes within most Web browsers on most phones or tablets. To view these attachments, you must download the pdf and open it in Adobe Reader. You must then click on the attachment icon (represented by a paper clip) to view any attachments to the board bill.

02/10/2017 Final Passage Vote Results

View vote details

Ordinance

Effective Date: 02/21/2017
Ordinance #: 70509

You need a program that can open Adobe PDF files. A free option:



Was this page helpful?      



Comments are helpful!
500 character limit

Feedback is anonymous.