Resolution Number 57 In Session 2021-2022
Project Exemption Certificate Deli Star Corporation
NOW, THEREFORE BE IT RESOLVED by the Board of Aldermen of the City of St. Louis that: 1. The Board of Aldermen hereby directs the Chapter 100 Plan to be prepared and states its intent to participate in the Chapter 100 Bond Transaction to facilitate the tax exemptions described above, all subject to further legislative approval of a Board Bill authorizing the same (the "Final Legislative Approval"). 2. The Comptroller is hereby authorized and directed to provide the Company with a project exemption certificate in advance of the Final Legislative Approval upon the Comptroller's receipt of a letter signed by the Company agreeing to indemnify the City in connection with the provision of the project exemption certificate and promising that, if the Chapter 100 Bond Transaction is not completed by December 31, 2021 (subject to any extension approved by the Board of Estimate and Apportionment), the Company will immediately pay all sales and use taxes that otherwise would have been due with respect to the Project.
Latest resolution text:
- Introduced (72.55 KB PDF)
Legislative activities and outcomes for this resolution. Learn more about what these activities mean.
Resolution text was introduced (72.55 KB PDF).07/09/2021
The resolution was assigned to the Housing, Urban Development and Zoning Committee.07/15/2021
The resolution was passed with a recommendation of do pass during the Housing, Urban Development and Zoning Committee.07/16/2021
The resolution was passed.
07/16/2021 Final Passage Vote ResultsAye Votes 25No Votes 0Final Passage Vote
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