ST. LOUIS – St. Louis Mayor Cara Spencer this week signed into law legislation allocating funds from the Rams settlement. The bill will provide at least $120 million to North St. Louis and tornado recovery efforts, $75 million for citywide infrastructure and neighborhood improvements, and $55 million for Downtown.
Greater St. Louis, Inc. Managing Partner Ron Kitchens issued the following statement celebrating the legislation becoming law:
“We want to thank Mayor Spencer for signing this legislation into law and to again thank the Board of Aldermen, President Megan Green, and Comptroller Donna Baringer for their leadership and hard work to bring this bill to fruition.
“While there are many positive things happening across the City of St. Louis, there are also many pressing needs. These funds will help catalyze additional growth while addressing critical priorities like tornado recovery efforts and long-standing disinvestment in North City. This new law also supports the City’s longer-term needs by investing in Downtown and critical citywide infrastructure.
“This is a great example of how the public and private sectors can work together with community leaders to the benefit of the entire City and we are pleased to see Mayor Spencer sign it into law.”
Greater St. Louis, Inc. – We Drive Growth
Greater St. Louis, Inc. forges partnerships that empower growth across the 15-county St. Louis region. We convene and collaborate with business, governmental, and civic leaders to empower economic growth and prosperity in communities across the St. Louis metro area. Together, we act with intention to create a thriving and inclusive St. Louis that attracts and retains investment and talent for generations to come and creates more and better jobs for the region.