Ordinance 70431

Summary

BOARD BILL #198 INTRODUCED BY ALDERMAN JOSEPH RODDY An Ordinance designating a portion of The City of St. Louis, Missouri as a redevelopment area known as The City Foundry Saint Louis Redevelopment Area pursuant to the Real Property Tax Increment Allocation Redevelopment Act; adopting and approving a redevelopment plan; adopting and approving a redevelopment project for redevelopment project area 1 as described in the Redevelopment Plan with respect thereto; adopting tax increment financing within the redevelopment project area 1; making findings with respect thereto; establishing The City Foundry Saint Louis Special Allocation Fund; authorizing certain actions by City officials; and containing a severability clause.

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