December 15th, 2006

St. Louis approves $14.5 million TIF for Pyramid Cos. project

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.

Original text

posted by Mary Schanuel in Local projects 

http://www.synergy-pr.com/aec/2006/12/15/st-louis-approves-145-million-tif-for-pyramid-cos-project/trackback/v This entry was posted on Friday, December 15th, 2006 at 3:58 pm and is filed under Local projects. You can follow any responses to this entry through the comments RSS 2.0 feed. You can leave a response, or trackback from your own site.

Leave a Reply

XHTML: You can use these tags: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <code> <em> <i> <strike> <strong>