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St. Louis company bends empowerment zone rules

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Solae's current location near downtown St. Louis (KWMU photo/Robert Frederick)

By Robert Frederick, KWMU

http://stream.publicbroadcasting.net/production/mp3/kwmu/local-kwmu-527709.mp3

St. Louis, MO – In on-going efforts to revitalize St. Louis, government officials use financial incentives to try to keep companies from leaving the city, especially biotech companies.

Some of that money comes from the federal government, though with strings attached.

But how far will those strings stretch?

KWMUs science reporter Robert Frederick has the story of incentives offered to one biotech company to stay here in St. Louis.

LINKS

2004 Resolution from Greater St. Louis Regional Empowerment Zone

2006 Resolution Amendment from St. Louis E-Z

1998 Empowerment Zone Round II Designations (see page 19156, subpart C)

Look up 2004 and 2005 St. Louis E-Z report to HUD - search annual reports and implementation plans

2005 Proposed Rule for Empowerment Zone

Greater St. Louis Regional Empowerment Zone

Other

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