Missouri senators passed legislation last week limiting tax breaks for future developments in flood plains and giving school districts new powers to prevent their tax revenues from being diverted to developers. The legislation revamping the state’s “tax increment financing” laws ...

Tagged with: Missouri flooding Missouri floodplains Missouri TIF districts tax breaks Tax Increment Financing TIF

Local governments haven’t seen much of a return on the subsidies they have provided developers, according to an East-West Gateway Council of Governments study released last week. The report said local governments have committed $5.8 billion in public money to ...

Tagged with: TIF

Attorney D.B. Amon, pictured here speaking at a community forum on eminent domain abuse on Aug. 20, recently filed suit seeking a temporary restraining order to prevent the St. Louis City Board of Aldermen from considering approval of the NorthSide redevelopment project in St. Louis.

At a hearing on Thursday, Judge Robert Dierker told attorneys he didn’t see any immediate harm making a restraining order necessary, and set the matter for a preliminary injunction hearing in three weeks.

Tagged with: D.B. Amon McEagle Properties NorthSide Paul McKee St. Louis Board of Aldermen TIF