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St. Louis Comptroller Darlene Green Statement on Settlement with Kiel Center Partners over Financing Scottrade Center Renovations
Agreement enables use of additional revenues, mitigating potential impact on city’s credit rating.
This article is 7 years old. It was published on January 5, 2018.
(ST. LOUIS—January 5, 2018) The following statement comes from City of St. Louis Comptroller Darlene Green:
This agreement is a positive outcome and in the best interest of city taxpayers. I am pleased that all parties were able to come together, and grateful for the hard work of my staff and others who made this agreement possible. It is my hope it will mitigate impact on the city’s general fund and credit rating.
We now focus on moving forward in this new year. We are proposing a $50 million no-tax-increase G.O. bond issue to help meet the city’s capital needs.
Comptroller Darlene Green is the chief fiscal officer of the City of St. Louis and is charged with safeguarding the city’s credit rating and with protecting taxpayer dollars. Visit www.stlouis-mo.gov/comptroller to learn more about the Office of the Comptroller.
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Contact Information:
Tyson Pruitt
Public Information Officer to the Comptroller -
Department:
Office of the Comptroller
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Topic:
Related Resources
- Comptroller Calls for Vote on $50M No-Tax-Increase GO Bonds in 2018
- Statement on Scottrade Center Renovations - Dec 5
- St. Louis Comptroller Darlene Green Statement on Lawsuit with Kiel Center Partners
- Why I Have not Approved the Issuance of Bonds for Scottrade Renovations
- Statement on Funding for Scottrade Center Renovations
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