St. Louis Aldermen Beginning Authorization For MLS Stadium
The St. Louis Board of Aldermen began the process of "authorizing the deal" to build the $461M MLS stadium, sports complex and practice field planned west of Union Station, according to Mark Schlinkmann of the ST. LOUIS POST-DISPATCH. BOA President Lewis Reed said that aldermen "might still consider expanding a city authority in order to lock down one more tax incentive." Schlinkmann noted the legislation calls for "two separate 1-cent sales taxes on food, drinks, tickets and other items sold at the stadium." The St. Louis MLS ownership group, including World Wide Technology CEO Jim Kavanaugh and Enterprise Holdings' Taylor family, is "funding the bulk of the cost of the project" (ST. LOUIS POST-DISPATCH, 2/8).