ST. LOUIS–The St. Louis Board of Aldermen today passed 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 regarding the Board’s final passage of the legislation:
“This is a great day for St. Louis, and we want to thank Mayor Spencer, the Board of Aldermen, President Green, and Comptroller Baringer for their leadership and hard work to make this happen.
“By passing Board Bill 22, the Board of Aldermen took a major step forward in addressing tornado recovery efforts and long-standing disinvestment in North City as well as the City’s longer-term needs by investing in Downtown and critical citywide infrastructure.
“We also want to thank the many voices that came together to help advance this legislation, including citizens and community leaders and leaders from business and organized labor who stepped up to ensure that we are using the funds from the Rams settlement to address the needs of St. Louis for today and tomorrow.”
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.