The St. Louis Board of Aldermen today approved $14.5 million tax increment financing (TIF) for the One City Centre office building downtown project to be developed by Pyramid Cos. The city of St. Louis will guarantee repayment of the acquistion loan if Pyramid defaults. The vote was near unanimous with 26 members in favor, two aldermen opposed.
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http://www.synergy-pr.com/aec/2006/12/15/st-louis-approves-145-million-tif-for-pyramid-cos-project/trackback/v
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