Resolution Number 48 In Session 2023-2024

Recommitment to Responsible Leveraging of Settlement Funds

Summary

NOW THEREFORE BE IT RESOLVED, the spending and investment strategy for the settlement funds will be designed through a robust community input process using a framework of generational investment. In partnership with the Board of Alderman, Comptroller, and Mayor's office, a community engagement strategy will be developed and launched by Summer 2023. The community engagement process shall include but not be limited to digital or paper surveying, virtual or in person town halls, and virtual or in-person meetings with community stakeholders. Feedback should be sought on, but not be limited to, ways the settlement funds can be leveraged to reverse historic wrongs and invest in disinvested neighborhoods throughout North St. Louis and in pockets of South St. Louis; ways to ensure the basic needs of residents are met; and ways residents can benefit equally from development, including through affordable housing, infrastructure improvements, economic empowerment with small business loans and technical assistance, workforce development, neighborhood beautification and revitalization, and other related topics.

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Overview

Session: 2023-2024

Introduced: 07/14/2023

Sponsor: Primary Sponsors: Shameem Clark Hubbard

Latest Activity: First Reading

Co-Sponsors:

President Megan E Green

Legislative History

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

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