The $100 million project would be built on the north side of Busch Stadium and would contain space for retail stores, restaurants, an open-air event space with a retractable roof, and a St. Louis Cardinals Hall of Fame and Museum. Team President Bill DeWitt III says the project got sidetracked by the economic crisis that hit the country four years ago.
Financial services firm Wells Fargo Advisors is investing $33 million to expand its operations in the St. Louis area. Missouri Governor Jay Nixon and St. Louis Mayor Francis Slay joined the company’s president and CEO Danny Ludeman Friday for the announcement at the company’s downtown headquarters.
Mayor Francis Slay scored a decisive victory Friday in his months-long battle to rein in firefighter pension costs. In a 17 to 10 vote, the St. Louis Board of Aldermen approved major reforms to the department’s retirement system, cutting benefits, raising payments, and preventing full retirement until age 55.
Slay’s office estimates the changes will save the city $8 million a year in pension costs that have more than quadrupled in the last five years.
Mayor Slay’s Chief of Staff Jeff Rainford says the reforms are necessary and protect taxpayers.
St. Louis city officials are going door to door to check on some of the city’s most vulnerable residents as high temperatures persist across the region.
About 60 city staff members are following up with nearly one thousand residents who haven’t responded to robo-calls from the Mayor’s office.The elderly and disabled residents are listed on the city’s Functional Needs Registry.
The house-to-house effort even included Mayor Francis Slay, who was out knocking on doors Tuesday.
St. Louis Mayor Francis Slay says cutting the fire department’s pension costs will enable the city to take 30 police jobs off the chopping block.
The Board of Police Commissioners voted Monday to hold onto 30 of the 80 police positions this year’s budget eliminates through attrition, but only if a pension reform bill is passed by the Board of Alderman.
Slay says the bill, which requires firefighters to pay more into the system and prevents full retirement benefits until age 55, would save the city more than $8 million.
The bulk of Mayor Francis Slay’s firefighter pension reform bill stalled today in the St. Louis Board of Alderman’s Public Safety Committee.
The committee passed a provision barring trustees of the Firemen’s Retirement System from suing the city over the design or benefits of the pension plan. But the committee postponed voting on major reforms that would make firefighters to pay more into the system and prevent retirement until age 55.
Alderman Larry Arnowitz says he’s certain if reform passes, firefighters will fight the changes in court.
An effort by St. Louis mayor Francis Slay to get the spiraling cost of firefighter pensions under control also allow the same sex-partners of city firefighters to get survivor benefits if their partner is killed in the line of duty.
"This is something that could not be done at the state level, would not be done at the state level, which is another reason we want to get local control of the firefighter pensions here in St. Louis," Slay said.
The St. Louis Board of Commissioners have approved a plan to reduce the number of city police districts.
The city currently operates a total of nine districts that were established back in 1962.
But Police Chief Dan Isom says the department had twice as many officers back then and more than twice the number of citizens to serve.
“In the last 30 years we’ve lost about 1,000 officers,” Isom said. We used to have 2,200 officers, now we’re down to about 1,300 officers. But the slots for those command structures are still the same.”