Board Bill Number 112 Votes In Session 2021-2022

Taxable Industrial Revenue Bonds for Deli Star Corporation

Board Bill

This Board Bill authorizes the issuance of Taxable Industrial Revenue Bonds for Deli Star Corporation, which intends to invest $37 million into a facility at 3049 Chouteau and create (or relocate from Illinois) approximately 325 jobs at an average wage of $66,582 per year. The industrial revenue bond transaction will facilitate: • 10 years of partial real and personal property tax abatement • Sales and use tax exemption on qualified construction materials used for leasehold improvements The Bonds are payable only from the lease revenues paid by the Company or its landlord and not from any City tax revenues. Incentives for this Project are contingent on the Company maintaining 325 jobs at an average wage of $65,582 and entering into a memorandum of understanding with St. Louis Public School District to provide enhanced opportunities for students and recent graduates. On July 16, 2021, the Board of Aldermen adopted Resolution No. 57 stating its intent to issue the bonds and provide the incentives (subject to passage of this Board Bill when the Board returned from summer recess).

View Board Bill 112 details

10/29/2021 Final Passage Vote Results

This board bill was part of a consent vote along with BB 90, BB 91, BB 92, BB 99, BB 105, BB 111, BB 112

Aye 23
No 0
Final Passage Vote
Ward Alderman Position
1 Sharon Tyus Aye
2 Lisa Middlebrook Aye
4 Dwinderlin Evans Aye
5 James Page Aye
6 Christine Ingrassia Aye
7 Jack Coatar Aye
9 Dan Guenther Aye
10 Joseph Vollmer Aye
11 Sarah Martin Aye
13 Anne Schweitzer Aye
14 Carol Howard Aye
15 Megan E Green 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
25 Shane Cohn Aye
26 Shameem Clark Hubbard Aye
27 Pamela Boyd Aye
President Lewis E Reed Aye
8 Annie Rice Did Not Vote
12 Bill Stephens Present
3 Brandon Bosley Absent
16 Tom Oldenburg Absent
21 John Collins-Muhammad Absent
28 Heather Navarro Absent

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