The Tucker Boulevard entrance to St. Louis City Hall.<\/p>\n
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.<\/p>\n
She does not believe that accurately reflects the circumstances, the mayors chief of staff, Steve Conway, said. She just wants it accurately portrayed.<\/p>\n
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.<\/p>\n
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.<\/p>\n
The city move sparked lawsuits pitting McKees largest creditor a Washington, Missouri, bank against the city.<\/p>\n
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.<\/p>\n
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Krewson vetoes bill that said McKee NorthSide project making "satisfactory progress" - STLtoday.com<\/a><\/p>\n","protected":false},"excerpt":{"rendered":" The Tucker Boulevard entrance to St. Continue reading