Ordinance 71424

Establishing the Steelcote Square Community Improvement District

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Summary

This Board Bill seeks to establish the Steelcote Square Community Improvement District in order to remediate blight within the proposed district; construct, reconstruct, install repair, maintain and equip various improvements within the proposed district; impose a sales and use tax; impose a special assessment; and carry out other functions authorized by Section 67.1400 et seq, RSMo. The proposed district is generally bounded by Gratiot Street to the North, S. Grand Boulevard to the West, an alley to the South, and Theresa Avenue to the West. In addition, this Bill determines that the area within the proposed district is blighted and that the proposed district with serve a public purpose and approves a district project among the City, the CID and the Developer. Pursuant to the District Project Agreement, the CID will use its sales tax revenues to reimburse the Developer for certain eligible costs.

Overview

Session: 2021-2022

Board Bill Number: 110

Sponsor: Marlene E Davis

Effective: 12/06/2021

Legislative History

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

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