Ordinance 71988

Dissolving Special Allocation Funds for Various Tax Increment Financing Areas

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Summary

This proposed Board Bill proposes repealing Ordinance No. 65280, Ordinance No. 65361, which was in part ratified in Ordinance No. 65423, Section 501, and Ordinance No. 66970, respectively dissolving the special allocation funds for 3800 Park Avenue, the Gravois Plaza, and 6175-81 Delmar redevelopment areas and respectively terminating the designation of certain portions of The City of St. Louis, Missouri, as redevelopment area because the Obligations issued related thereto were paid or matured. The Special Allocation Funds will pass through any PILOTs and EATs captured to the statutory Taxing Jurisdictions.

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St. Louis City Ordinance 71988 Document (390.03 KB PDF)

Overview

Session: 2024-2025

Board Bill Number: 168

Primary Sponsors: Shameem Clark Hubbard

Effective: 02/24/2025

Legislative History

Legislative activities and outcomes for this board bill. Learn more about what these activities mean.

  • 01/10/2025

    First Reading

    Bill text was introduced (388.87 KB PDF).

  • 01/10/2025

    Referred to a Committee

    The bill was assigned to the Housing, Urban Development and Zoning Committee.

  • 01/21/2025

    Committee Hearing

    The bill was passed out of committee with a recommendation of do pass during the Housing, Urban Development and Zoning Committee hearing.

  • 01/24/2025

    Second Reading

  • 01/31/2025

    Perfection

    The bill was passed.

  • 02/07/2025

    Engrossment

    The bill was engrossed during the Engrossment, Rules, Resolutions and Credentials Committee.

  • 02/07/2025

    Third Reading

    The bill was passed.

  • 02/07/2025

    Delivered to Mayor

  • 02/24/2025

    Mayor Returns Bill

    The bill was approved.

  • 02/25/2025

    Delivered to Register

  • 03/03/2025

    Register Returns Notice with Ordinance Number

    Register returns ordinance number 71988. Effective date is 02/24/2025

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