Screenshot of meeting notice for the 12.10.24 Public Hearing on Board Bill no. 139 by the HUDZ Committee of the Board of Aldermen. Link to the meeting notice is in the text of the post.

Construction work at the 4140 Forest Park Ave site. Photo taken on 11.19.24 - three days before the introduction of legislation from the floor of the Board of Aldermen to facilitate incentives for C2N Diagnostics.

Let your voice be heard on the incentives for the #4140ForestPark project!
#HUDZ Public Hearing on Dec. 10 at 11 a.m.
tinyurl.com/3uxbrpm8

#BOAbb139 Personal property tax abatement for C2N Diagnostics & sales tax exemption.
#BOAres203 is not on the agenda, as of 4:40 p.m. today. #CortexTIF

Page 2 of BB 139 (page 3 of PDF). Lines 11 through 15 are highlighted in blue. Defines terms and parties involved in the development project.

Page 10 of the PDF of BB 139; this is the first page of "Exhibit A"

Screenshot of post on X by @gconnolly314. Date of post: 11.13.24. Text of post: If there's any doubt that the tenant won't sign with Wash U or that the TIFC, BOA, E & A won't approve the #4140ForestPark project, why has Wash U's development entity started construction? The term "limited scope" is misleading - at best. #CortexTIF #CortexFacts Photograph in post shows the construction site at 4140 Forest Park. The photo was taken on 11.11.24.

#BOAbb139: $36 M bond issuance to facilitate tax exemptions on personal property & construction materials for #4140ForestPark
Tax breaks in BB 139 are valued at $988KBeneficiaries: C2N Diagnostics & possibly a Wash U. affiliate.

#BOAres203: approves the Detailed Project Proposal.
#CortexTIF
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Board Bill No. 139. Bill summary on the Board of Aldermen website. Link to BB 139: https://www.stlouis-mo.gov/government/city-laws/upload/legislative/boardbills/introduced/BB139%20Combined1.pdf

Pages 1 and 2 of Board of Aldermen Resolution no. 203 for the 4140 Forest Park project in Redevelopment Project Area (RPA) 4 of the Cortex TIF district. The full resolution is posted on the BOA website: https://www.stlouis-mo.gov/government/city-laws/upload/legislative/resolutions/introduced/Res203%20Combined.pdf

Page 5 of resolution 203

#CortexTIF breaking:
The legislation for the #4140ForestPark project was posted on the BOA website this morning.
#BOAbb139 & #BOAres203 were introduced by Alderman Michael Browning on Nov. 22.
The Public Hearing by the #HUDZ Committee has yet to be scheduled.
See ALT links to bill & resolution.
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If you followed my posts on X, you'll know I'm not a fan of the BOA rules being suspended in order to introduce legislation from the floor.
Today Ald. Browning introduced #BOAbb139* & #BOAres203 from the floor; both were referred to #HUDZ

*Taxable Industrial Revenue Bonds for up to $37M.