Resolution Number 12 | Session 2021-2022

Port Authority Revenue Bonds

Summary

NOW THEREFORE BE IT RESOLVED by the Board of Aldermen of the City of St. Louis that the Board of Aldermen hereby recommends that the Port Authority participate in an industrial revenue bond transaction with the Company to provide 10 years of personal property tax abatement (85% in years 1 - 5 and 50% in years 6 - 10) and a sales tax exemption on construction materials for the Project.

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Overview

Session: 2021-2022

Introduced: 04/30/2021

Sponsor: Jack Coatar

Latest Activity: Second Reading

Legislative History

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

06/11/2021 Final Passage Vote Results

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