Board Bill Number 57 | Session 2020-2021

Soccer Stadium Community Improvement District

Board Bill

Overall Purpose/Reasons for the Board Bill This Board Bill creates the Soccer Stadium Community Improvement District (the "District"). What the Board Bill Will Do The Master Redevelopment Agreement among the City, TKFC LC, and the Land Clearance for Redevelopment Authority of the City of St. Louis, approved by Ordinance No. 71109, contemplates that the District will be created upon proper petition to the City. The Master Redevelopment Agreement and this Board Bill contemplate that, subject to approval of the qualified voters (i.e., the owners of real property within the District), the District will impose a 1.0% sales and use tax within its boundaries (the "District Sales Tax"). The revenues from the District Sales Tax will be used to fund certain eligible improvements and services related to the development of a professional soccer stadium and related team facilities, including: • Remediation of blighted conditions within the District, including demolition and clearance of existing structures; • Street, sidewalk and lighting improvements throughout the District; • Storm and sanitary sewer improvements throughout the District; • Utility improvements throughout the District • Landscape improvements throughout the District; • Parking improvements throughout the District; and • Public safety, marketing and economic development services as permitted by the CID Act. The Main Components of the Board Bill Attached to the Board Bill is the Petition for the creation of the District. The Impact of the Board Bill to the Community The Board Bill is in furtherance of the Redeveloper's investment of more than $500 million in the City to attract an expansion Major League Soccer franchise and construct a professional soccer stadium and related team facilities.

Download Full Board Bill

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.

Legislative History

Session:2020-2021
Sponsor: Christine Ingrassia
Co-Sponsors:
Committee: Ways and Means
Actions: 07/08/2020 Third Reading
06/23/2020 Perfection
06/19/2020 Second Reading
06/05/2020 First Reading

07/08/2020 Final Passage Vote Results

View vote details

Ordinance

Effective Date: 07/09/2020
Ordinance #: 71185

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.