St. Peters prevails in flood-plain TIF case

2013-01-15T13:26:00Z 2016-01-26T11:38:45Z St. Peters prevails in flood-plain TIF caseBy Mark Schlinkmann mschlinkmann@post-dispatch.com 636-255-7233 stltoday.com

ST. PETERS   •   The city has won the long-running court fight over its Premier 370 flood-plain development.

The Missouri Supreme Court on Dec. 18 refused to consider an appeal of lower-court rulings upholding the city's use of a tax-increment financing subsidy for the commercial project.  

The TIF had been challenged by the Great Rivers Habitat Alliance, an environmental group, and St. Charles County government.

"This was tremendous news for our city and we are very pleased with the Supreme Court's decision," Mayor Len Pagano said Tuesday. "We will continue to move forward and work to make this project an economic engine for our entire region."

County and Great Rivers officials could not be reached for comment.

Under TIFs, some tax revenue generated by a project pays for related development costs.

The Missouri Court of Appeals' Western District in August had agreed that there was substantial evidence of blight due to unsafe and unsanitary conditions stemming from flooding over the years.  The area was mainly farmland.

That ruling upheld a decision in 2011 by a circuit judge.

 

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