St. Peters Victorious in Premier 370 TIF Case
The Missouri Supreme Court recently refused to consider an appeal of lower-court rulings that upheld the city using tax-increment financing (TIF) subsidy for the commercial project.
The city of St. Peters won a court case related to a long long-running court fight over the Premier 370 flood-plain development.
According to a Political Fix post on StlToday.com, the Missouri Supreme Court recently refused to consider an appeal of lower-court rulings that upheld the city using tax-increment financing (TIF) subsidy for the commercial project.
Great Rivers Habitat Alliance and the government of St. Charles County had originally challenged the TIF.
The TIF had been challenged by the Great Rivers Habitat Alliance, an environmental group, and St. Charles County government.
According to the Political Fix:
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.
St. Peters Mayor Len Pagano said the ruling was "tremendous" news for the the city.
Jaycen Rigger
8:42 am on Friday, January 18, 2013
Finally!
I think it's idiotic to build on a flood plain. Having said that, if you buy your own insurance and you don't expect tax payers to bail you out when the inevitable occurs, you can do any idiotic thing you like.
St. Charles County and the "Environmentalists" should mind their own business. Environmentalists appears in quotes in the sentence before, because these folks are typically (and in this case) actually socialists seeking control over other human beings. They really care less about the environment or animals than they do about telling people where and how they may live.
Good job Missouri Supreme Court!