Mayor Slay Issues Statement on Board of Aldermen's Action to Approve Financing Package for New NFL Stadium
Mayor Francis Slay will sign the bill on Monday.
This article is 10 years old. It was published on December 18, 2015.
ST. LOUIS -- The City of St. Louis Board of Aldermen voted to approve Board Bill 219FS, the City's portion of the financing agreement for a new NFL stadium on the North Riverfront, contingent upon the NFL and a team agreeing to nearly half a billion dollar investment and a lease to cover the length of the bond.
Mayor Francis Slay, who will sign the bill on Monday, issued the following statement:
"Today's action by the Board of Aldermen completes the City's part on this project. Its passage does not mean there will be a stadium. It does mean that the City of St. Louis will not be the reason why there isn't one."
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Department:
Office of the Mayor
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Topic:
Sports and Recreation
Local Economy