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McEagle has submitted its application for an approval of a TIF (Tax Increment Financing) district requesting an amount of $391 Million. For a more detailed explanation of a TIF district and what it is intended to do for a community, please view the video of Bill Laskowsky discussing how the TIF funds will be utilized.
If the TIF application is approved by the City of St. Louis, the funds received are intended to go towards the reworking of infrastructure (streets, sewer systems, electric systems, green spaces, etc) and to begin establishing the groundwork to create the business districts.
To view the full application submitted to the City of St. Louis, click here.
>> Next - Eminent Domain
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