Today in corporate welfare news, St. Louis City’s Board of Aldermen HUDZ Committee approved Tax Increment Financing and a sales tax increase to benefit Developer Paul McKee’s car wash, gas station, and grocery store development.
The committee vote on this was 4-3, with 5 aldermen absent or not voting.
Voting for the Tax Increment Financing (TIF) and a sales tax increase to fund a gas station, car wash, and grocery store were 7th Ward Alderman Jack Coatar, 17th Ward Alderman Joe Roddy, 19th Ward Alderwoman Marlene Davis, and 28th Ward Alderwoman Lyda Krewson (also a candidate for mayor).
Voting against the two bills were 15th Ward Alderwoman Megan Green, 20th Ward Alderwoman Cara Spencer, and 21st Ward Alderman Antonio French (also a candidate for mayor).
Absent or not voting on the measures were 3rd Ward Alderman Freeman Bosley Sr., 4th Ward Alderman Sam Moore, 8th Ward Alderman Steve Conway, 18th Ward Alderman Terry Kennedy, and 27th Ward Alderman Chris Carter.
Wait. There’s More. Paul McKee’s mega gas station project needs a small business loan and that will come tomorrow from the St. Louis Local Development Corporation: Item #7.
St. Louis Local Development Corporation is a nonprofit created by statute with no accountability to voters.
In addition to Item #7, note Item #4, a loan to Triumph Systems. This was on the September Agenda and the meeting was canceled the morning of the meeting.
Triumph Systems makes Zombie and Terrorist shooting targets.
Triumph Systems is not just any old zombie target company. It has celebrity connections. On staff is Chris Loesch, husband of right wing talk show host Dana Loesch. They are former 7th Ward St. Louis City residents, now of Dallas.
Mr. Loesch previously benefited from corporate welfare as an owner of Shock City Studios on Gravois in the Benton Park Neighborhood. That project received Brownfield tax credits and TIF from the City of St. Louis.
— Marie Ceselski, 7th Ward Democratic Committeewoman