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' …
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 … more ›