Statement on Scottrade Center Renovations - Dec 5

December 5, 2017 Statement from the Office of the Comptroller on the financing of Scottrade Center Renovations.

December 5, 2017 | 2 min reading time

This article is 8 years old. It was published on December 5, 2017.

Today, representatives of the Comptroller released the documents authorizing the issuance of bonds for financing renovations at Scottrade Center.

The Comptroller does not comply with this finance agreement voluntarily. As she has stated, this financing agreement is not in the best interest of city taxpayers; it draws upon the city’s general fund for repayment and may harm the city’s credit.

Having done everything possible to resist, the Comptroller preserves her right to appeal the court’s Nov. 27 decision.

  • Contact Information:
    Tyson Pruitt
    Public Information Officer to the Comptroller
  • Department:
    Office of the Comptroller
  • Topic:

Most Read News

  1. Mayor Cara Spencer Takes Office as the 48th Mayor of St. Louis She emphasized that better days are ahead for St. Louis and pledges to work collaboratively with all stakeholders
  2. CDA Announces more than $16 Million Available in 2025 Neighborhood Transformation Grants Funding includes CDBG, HOME, HOME-ARP, PRO Housing, and Economic Development Sales Tax investments to support affordable housing production, neighborhood plan implementation, and community green activation of vacant lots.
  3. New Data Show St. Louis City Continues To See Decrease in Homicides and Other Crime Newly released crime data for August 2024 shows that the City of St. Louis continues to successfully decrease the amount of crime, including homicides, occurring in the City.

Was this page helpful?      



Comments are helpful!
500 character limit

Feedback is anonymous.