Board Bill Number 421 | Session 2005-2006

AN ORDINANCE restructuring TIFs

Summary

AN ORDINANCE REQUIRING THAT FUTURE TAX INCREMENT FINANCING REDEVELOPMENT PLANS DISTRIBUTE TO THE TAXING DISTRICTS OF THE CITY OF ST. LOUIS A MINIMUM OF FIFTY PERCENT (50%) OF PAYMENT IN LIEU OF TAXES ON REAL PROPERTY FOR ANY RESIDENTIAL COMPONENT OF REDEVELOPMENT PROJECTS.

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Overview

Session: 2005-2006

Sponsor: Gregory Carter

Committee: Housing, Urban Development and Zoning

Legislative History

Legislative activities for this board bill. Learn more about what these activities mean.

  • 02/16/2006

    First Reading

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