Resolution Number 12 | Session 2021-2022

Port Authority Revenue Bonds

Resolution

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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Resolution Details

Resolution Session: 2021-2022
Primary Sponsor Jack Coatar
Committee Housing, Urban Development and Zoning

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