Krewson vetoes bill that said McKee NorthSide project making "satisfactory progress" – STLtoday.com

The Tucker Boulevard entrance to St. Louis City Hall.

ST. LOUIS Mayor Lyda Krewson wants a rewrite of a city report that listed developer Paul McKees massive north St. Louis redevelopment plan as among those making satisfactory progress.

She does not believe that accurately reflects the circumstances, the mayors chief of staff, Steve Conway, said. She just wants it accurately portrayed.

Krewson vetoed a measure passed last month by the Board of Aldermen that reported on 21 projects that over the years had gotten tax-increment financing, or TIF, incentives from the city.

Krewsons administration in 2018 sought to cancel the citys 2009 development agreement with NorthSide Regeneration, citing a lack of progress and the developers use of a now-lapsed state tax credit program.

The city move sparked lawsuits pitting McKees largest creditor a Washington, Missouri, bank against the city.

Asked whether the administration was concerned that approval of a satisfactory designation could be cited in the litigation, Conway responded: That would probably be something we would think about.

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Krewson vetoes bill that said McKee NorthSide project making "satisfactory progress" - STLtoday.com

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