Summary of the Introduced Bill

HB 293 -- Contiguous Property Redevelopment Fund

Sponsor:  Kennedy

This bill creates the Contiguous Property Redevelopment Fund
within the Department of Economic Development to be used for
grants to the City of St. Louis for acquiring and redeveloping
contiguous properties within the city.  The department may
promulgate rules for the administration of the program,
including the form by which the City of St. Louis may apply for
the grants.  The department is to give preference to those
projects proposing the assembly of a greater number of acres
than other projects and those projects for which a private
interest in the usage of the property exists, once redevelopment
of the property is completed.


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Last Updated November 26, 2001 at 11:43 am