Board Bill Number 73 Votes In Session 2021-2022
Issuance of Taxable Industrial Revenue Bonds
Board Bill
This Board Bill will authorize the issuance of taxable industrial revenue bonds to facilitate a sales and use tax exemption on construction materials purchased in connection with the multi-family residential, office, retail and structured parking portions of the RPA 2 Redevelopment Project described in the City Foundry Saint Louis Tax Increment Financing (TIF) Second Amended RPA 2 Redevelopment Plan. The bonds are payable only from lease revenues paid by the Developer and not from any City tax revenues. Additionally, the Board Bill (see Section 3.1 of Exhibit F) requires the Developer to make a $1,800,000 Equitable Development Contribution to the Affordable Housing Trust Fund, which will be used for affordable housing purposes in the 17th Ward and North of Delmar.
07/16/2021 Final Passage Vote Results
Ward | Alderman | Position |
---|---|---|
2 | Lisa Middlebrook | Aye |
3 | Brandon Bosley | Aye |
4 | Dwinderlin Evans | Aye |
5 | James Page | Aye |
6 | Christine Ingrassia | Aye |
8 | Annie Rice | Aye |
9 | Dan Guenther | Aye |
10 | Joseph Vollmer | Aye |
11 | Sarah Martin | Aye |
12 | Bill Stephens | Aye |
13 | Anne Schweitzer | Aye |
14 | Carol Howard | Aye |
15 | Megan E Green | Aye |
16 | Tom Oldenburg | Aye |
17 | Tina (Sweet-T) Pihl | Aye |
18 | Jesse Todd | Aye |
19 | Marlene E Davis | Aye |
20 | Cara Spencer | Aye |
22 | Jeffrey L Boyd | Aye |
23 | Joseph Vaccaro | Aye |
24 | Bret Narayan | Aye |
26 | Shameem Clark Hubbard | Aye |
27 | Pamela Boyd | Aye |
28 | Heather Navarro | Aye |
President | Lewis E Reed | Aye |
25 | Shane Cohn | No |
7 | Jack Coatar | Did Not Vote |
1 | Sharon Tyus | Present |
21 | John Collins-Muhammad | Absent |