Reports
China Hub Tax Incentives More Expensive Than Advertised Print E-mail
By Audrey Spalding   
Monday, April 11, 2011

Saint Louis politicians, media, and bloggers have enthusiastically embraced proposed legislation that would create a package of tax credits and other incentives to establish Lambert International Airport as a "China Hub." The idea is that increased trade between Missouri and China could give both the state and city economies a boost.

 
LRA Meeting Minutes 2003 through 2010 Print E-mail
By Audrey Spalding   
Monday, February 21, 2011

As part of the research for the policy study "Standstill: Is Saint Louis Hindering Development by Waiting for Large-Scale Miracles?," the Show-Me Institute requested a number of documents from the Saint Louis Land Reutilization Authority (LRA). The data in the study comes from the agency's formal meeting minutes. Downloadable PDF copies of the LRA's minutes from 2003 through 2010 are available below.

 
North Side Saint Louis Developer Appears to Have Inflated Expenses in Tax Credit Application Print E-mail
By Audrey Spalding   
Thursday, June 24, 2010

In late December 2009, pressed to award nearly $20 million in tax credits to a single development company, the Missouri Department of Economic Development (DED) managed to review the company's formal application within the month, awarding the company, NorthSide Regeneration LLC, $19.6 million just a day before the end of the year.

 
Longstanding North Side Business Faces Uncertain Development Future Print E-mail
By Audrey Spalding   
Tuesday, March 02, 2010

Fehlig Brothers Box & Lumber has been in business since 1873, and located in Saint Louis' north side for 55 years. Company president Jack O'Leary said that while some area residents and businessmen are skeptical of the $8.1 billion plan put forward by developer Paul McKee and NorthSide Regeneration LLC, he’s generally for it. However, according to NorthSide’s redevelopment plan, a good portion of Fehlig Brothers is slated for “open space.”

 
At Least Four North Side Homes Slated for 'Open Space' Print E-mail
By Audrey Spalding   
Wednesday, February 24, 2010

Three houses fall squarely within the boundaries of the recently approved $8.1 billion development of the city of Saint Louis' north side. Of course, about 4,600 other properties also fall within those boundaries, but in the case of the 2200 block of Madison, NorthSide Regeneration LLC, the company behind the development, may be endangering one of its most frequently invoked promises. That promise concerns the use of eminent domain.

 
State Applies Funding for Schools, Broadband Print E-mail
By Andrew Guevara   
Thursday, January 21, 2010

On Wednesday, the state's Department of Elementary and Secondary Education (DESE) presented its application for nearly $750 million in federal funding to the state Senate Committee on Education.

 
State Tax Revenues Still Down, With Slight Increase Predicted Print E-mail
By Andrew Guevara   
Thursday, January 07, 2010

During December, state tax revenues continued to fall short. According to Linda Luebbering, state budget director, revenues were down more than $170 million in December 2009, as compared to December 2008. The slide amounts to a 21.7-percent decrease. Despite the most recent decline, state officials say they expect tax revenues to bounce back slightly during the next fiscal year.

 
NorthSide Details Not Yet Public Print E-mail
By Audrey Spalding   
Wednesday, January 06, 2010

A much-debated $8 billion development in the city of Saint Louis' north side has been awarded $19.6 million in state tax credits. Those are in addition to city tax incentives, which could total up to $398 million.

 
ACLU Files Free-Speech Lawsuit Against City Print E-mail
By Audrey Spalding   
Thursday, December 17, 2009

A chapter of the American Civil Liberties Union (ACLU) filed a lawsuit today claiming that a city ordinance banning people from putting pamphlets on car windshields violates the constitutional right to free speech.

 
Judge Hears Bayless Teacher Union Case Print E-mail
By Audrey Spalding   
Wednesday, December 16, 2009

The state's largest teacher union, the Missouri National Education Association (MNEA), argued in court on Friday that public school teachers should be represented by either a single union, or none.

 
School Districts Likely to See State Funding Cut Print E-mail
By Andrew Guevara   
Tuesday, December 15, 2009

On Monday night, Sen. Kurt Schaefer (R-Columbia) told the Columbia Board of Education that more cuts to the state budget seemed certain, and that the steep decline in state tax revenues would likely affect funding for public schools.

 
Judge Rules NorthSide Can Move Forward, for Now Print E-mail
By Audrey Spalding   
Monday, December 14, 2009

A circuit court judge ruled on Thursday that a contested 1,500-acre development of the city's north side can move forward. Critics had claimed in court that the city ordinance authorizing the development was invalid because the city hadn't thoroughly vetted the development company's funding before granting it up to $390.6 million in tax increment financing (TIF). However, Judge Robert Dierker wrote in his ruling that it isn't the job of the courts to second-guess the city's decision to approve the project.

 
NorthSide Petition Unsuccessful Print E-mail
By Audrey Spalding   
Friday, December 11, 2009

A petition drive to put a recently approved large-scale development of the city's north side up for city vote to failed to gather enough signatures. The backers of the petition, critics of the 1,500-acre development put forward by NorthSide Regeneration LLC and developer Paul McKee, had gathered more than 3,000 signatures, said Jim Roos, an anti–eminent domain activist.

 
New Plaintiff Joins NorthSide Case Print E-mail
By Audrey Spalding   
Wednesday, December 09, 2009

Another plaintiff (and set of attorneys) has joined the lawsuit filed against the development company that the city of Saint Louis recently approved for $390.6 million in tax increment financing (TIF) to redevelop 1,500 acres in the city's north side and in northern portions of downtown.

 
Committee Hears Second Round of Budget Testimony Print E-mail
By Andrew Guevara   
Tuesday, December 08, 2009

During the second day of public testimony, the committee heard the same message it had heard the day before from government agency representatives: Don't make additional cuts.

 
Facing Projected $1 Billion Shortfall, State Begins Budgeting Process Print E-mail
By Audrey Spalding   
Monday, December 07, 2009

The requests weren't for more money, but for no additional budget cuts. On Monday, the Senate Appropriations Committee began a series of public hearings to hear various government agency representatives plead for maintained funding from the state. But more cuts will likely be made.

 
State Revenues Continue to Fall Short Print E-mail
By Andrew Guevara   
Sunday, December 06, 2009

With state tax revenues down 10.8 percent the first quarter of the 2010 fiscal year compared with the first quarter of 2009, experts predict that revenues will continue to slide.

 
Attorney Argues City Didn't Thoroughly Investigate NorthSide Financing Print E-mail
By Audrey Spalding   
Thursday, December 03, 2009

On Thursday, a circuit court judge heard arguments that the city of Saint Louis' Tax Increment Finance (TIF) Commission had not thoroughly investigated the financial backing of a proposed redevelopment of 1,500 acres in the city's north side before approving it. The lawsuit, by no means a certain bet, could halt the recently approved project put forward by developer Paul McKee and his company NorthSide Regeneration LLC.

 
NorthSide Lawyer Says Eminent Domain Needed for Up to 20 Properties Print E-mail
By Audrey Spalding   
Wednesday, December 02, 2009

The lawyer for a recently approved redevelopment of 1,500 acres in the city of Saint Louis' north side says that the development company, NorthSide Regeneration LLC, will likely need eminent domain to acquire about 20 properties in the redevelopment area. The project, put forward by developer Paul McKee, has been contentious in the past because of the perceived threat of eminent domain, and because it calls for nearly $400 million in tax increment financing (TIF) from the city.

 
Saint Charles Debates $80K Funding for Publicity of Developer's Airport Expansion Print E-mail
By Audrey Spalding   
Monday, November 30, 2009

With revenues down by about $1 million, the Saint Charles County Council met to debate the merits of granting $80,000 to market an airport expansion project that doesn't fall within the county. The project is a proposed expansion of the Lambert–Saint Louis International Airport that would create a China hub in the hopes of increased international trade.

 
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