Tuesday Fake Community Benefits Agreements Meeting


fakecbaBoard President Lewis Reed is sponsoring a Meeting on Community Benefits Agreement 6:30 pm Tuesday, July 11th at Nebula, 3407 S. Jefferson.

Reed is sponsor of Board Bill 11 to accept status quo arrangements between aldermen and developers.

Board Bill 61 by 15th Ward Alderwoman Megan Green is the proposal to write into law a community engagement process for development incentives.

Some good reads on the issue…

5/11/2017 St. Louis American: A tale of two Community Benefits Agreements, Lewis Reed’s and Megan Green’s

5/17/2017 St. Louis Public Radio: How to get real Community Benefits Agreements? Depends on who you ask 

Also see Team TIF What Are Community Benefits Agreements Video https://www.facebook.com/TeamTifSTL/videos/vb.546909832186769/662532443957840/?type=3&video_source=pages_video_set

Related… There is also (nonbinding) Resolution 33 by 17th Ward Alderman Joe Roddy Calling on the St. Louis Development Corporation To Establish Interim Incentive Guidelines

Roddy’s proposal was featured this week in The Riverfront TimesAlderman’s Dick Move Reveals a Big Problem at City Hall — Aldermanic Courtesy

Also see 6/6/2017 St. Louis American: Racial equity and tax incentive policy in St. Louis 

— Marie Ceselski, 7th Ward Democratic Committeewoman

Wednesday SLDC: More Corporate Welfare for McKee Kwik-E-Mart

yTkejEGTE9 am Wednesday, July 5, 2017
St. Louis Development Corporation
SLDC Board Room, Suite 2000, 1520 Market, City Hall West
Open to the Public

Meeting Notice on City Online Calendar
(link to SLDC Board page is bad, try one posted at top)

Full Agenda

The SLDC Board is expected to vote in favor of  a request for $3 Million in New Market Tsx Credits by Paul McKee for St. Louis Grocery Group LLC, a proposal for a $20 Million gas station/grocery. The project already has $5 Million in New Market Tax Credits.

The additional subsidy is needed to pay off liens on McKee properties in order to obtain financing for the project.  This vote was to have taken place in May but was postponed due to questions.

5/9/2017 St. Louis Post-DispatchCity board withholds additional tax credits for developer Paul McKee 

This is a special meeting of the SLDC Board, so no reason not to believe they will not vote for it.

In October of last year, the Board of Aldermen approved $2.8 Million in Tax Increment Financing for the project.

10/28/2016 St. Louis Post-Dispatch: Aldermen push developer Paul McKee’s planned NorthSide Regeneration project forward 

You can see how your alderman voted here.

In all, counting the additional $3 Million sought in New Market Tax Credits, McKee’s gas station grocery will receive $12.1 Million in public assistance for his $19.6 Million project.

  • $2,800,000: Tax Increment Financing
  • $8,000,000: New Market Tax Credits
  • $   300,000: Community Development Block Grant
  • $1,000,000: Community Improvement District

There is a gas station/grocery at 13th & Cass, a block away from the proposed site of McKee’s gas station/grocery. Purchases there will remain cheaper because it is not in a sales tax funded Community Improvement District.

Two Aldermen sit on the SLDC Board: 8th Ward Alderman Steve Conway, 17th Ward Alderman Joe Roddy.

Contact Information for all Aldermen and Board President Lewis Reed.

You can find the name of your alderman here. 

Voter Registration Information here. 

7th Ward Committeewoman Marie Ceselski has Voter Registration forms and can also assist you. Email Ward7stl@aol.com or call 314-630-7599.

If there is a November 7th special election on tax hikes (pending Board of Aldermen approval), the deadline to register to vote is October 11th.

For assistance in obtaining free documents to obtain a free photo ID to vote, contact the Missouri Secretary of State’s ShowIT2Vote.


5th & 7th Wards Recruiting Players for July 15th Kickball Tournament

If you are interested in playing on our 5th & 7th Wards Kick Ass Kickball Team at 15th Ward Alderwoman Megan Green’s July 15th Battle of the Wards Kickball Tournament Contact…
5th Ward Committeeman Rasheen Aldridge themighty5thward@gmail.com
7th Ward Committeewoman Marie Ceselski stlcity7thward@aol.com

Fees Paid by 7th Ward Independent Democrats

More Information