Previous 🧵 on #BOAbb102 & the creation of #DTnorthCID
Starts with story by Eric Schmid of @stlpublicradio.bsky.social Includes details on the 11/22 #HUDZ public hearing.
bsky.app/profile/gcon...
At today's BOA meeting, #BOAbb102 is up for a final vote
In May 2022, the nonprofit "Downtown North STL Community Improvement District" was created by John Bergland & Steve Stone. This nonprofit will select the board members of the new #DTnorthCID
Explanation at #HUDZ 1:10:55
tinyurl.com/mr3cpyxu
Happy #BOAfriday to all except the Grifters of Local Taxing Districts.
Check out coverage of #BOAbb102
Final vote today, unless the bill is placed on informal calendar.
#STLBOA
Coming soon: why a final vote on Board Bill 102 should not be taken at today’s BOA meeting.
Creation of Downtown North STL Community Improvement District.
Previous coverage: #BOAbb102 #DTnorthCID
The key drivers behind the #DTnorthCID are John Berglund and Steve Stone.
Berglund redeveloped the 900 N. Tucker building, aka #SquareTIF
Stone redeveloped the Globe building at 710 N. Tucker.
Both projects received tax incentives.
Note the boundaries in the NW corner of the CID map in #BOAbb102
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#BOAbb102 is posted here: tinyurl.com/23ppf4vv
The petition is pages 13 through 87.
Page 12 is a letter dated 8.28.24 from consultants Steadfast City to Register Amber Simms.
See Section 8 on page 33 of PDF
"The initial billing for the District will be mailed in late Fall of 2024....." 👀
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The petition for the CID wasn't included in the BB 102 document online until 11.18.24.
The bill was heard and approved by the #HUDZ Committee on 11.12.24.
The public can't provide informed testimony when a critical part of the legislation was not available online.
#DTnorthCID #BOAbb102
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At the full BOA meeting on 11.15.24, #BOAbb102 was 2nd read and perfected on a consent vote.
Why the rush?
The special assessments that will be levied on property owners by the #DTnorthCID need to be mailed by the end of this year.
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"The new district is primarily spearheaded by the owners of the old STL Post-Dispatch & Globe-Democrat buildings, 2 prominent downtown spaces that have been redeveloped in recent years"
STLPR report on the #DTnorthCID
#BOAbb102 was heard at the Nov 12 #HUDZ committee
www.stlpr.org/economy-busi...
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