ST. LOUIS–The St. Louis Board of Aldermen today perfected 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 advancement of the legislation:
“We want to thank the Board of Aldermen as well as Mayor Spencer and President Green for their leadership and spirit of collaboration in advancing this critical legislation, which will ensure that we are using the funds from the Rams settlement to address the needs of St. Louis for today and tomorrow.
“With their perfection of Board Bill 22 today, 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 applaud their leadership and look forward to final passage by the Board of Aldermen and the Board of Estimate and Apportionment in the near future.”
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. Learn more about how we are driving growth at GreaterSTLinc.com.