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Oldest neighborhood newspaper in St. Louis · Independent and all volunteer-run since 1970

Economics

Two Propositions On The April 7 Ballot

April 1992

Historical April 1992 article. Dates, prices, services and contacts describe the source period; current availability has not been established.

On April 7, voters in St. Louis City and St. Louis County will vote on two ballot measures. Proposition O proposes a four cent property tax increase for nine years to fund various sports facilities in the area.

The facilities will be used for the 1995 Olympic Festival to be held in St. Louis and will make our city a contender for the Goodwill Games and other similar events.

The facilities, including special swimming pool and tennis courts suited for national competition, will be available for use by the public over 80 percent of the time.

The sponsors feel that major competitive events will generate tourist dollars for the St. Louis economy. Proposition P contains the proposals drafted by the St. Louis City and County Board of Electors.

The economic development section proposes a two percent business utility tax to fund various activities to create jobs in the St. Louis area. Activities include increased marketing of the area, capital improvements necessary to ensure development, business incubators to help small businesses get started, and targeted training for businesses that wish to locate here. , The second part of Proposition P deals with a plan to restore Forest Park and maintain it with a six cent property tax addition. Four cents of the tax will be used for capital improvements to the park which are expected to cost at least $46 million.

The remainder is for regular park maintenance. City and county residents would pay the tax and a commission from both city and county, named by the mayor and county executive and confirmed by the board of aldermen and county council, would administer it.

If a master plan is not adopted by the commission, council, and board of aldermen within two years. the four cent tax will not be collected.

Originally published in The Times of Skinker-DeBaliviere, April 1992.

Read this article in the original newspaper issue.

Original source: SD_Times1992_04.pdf, printed page(s) 2; PDF page(s) 2.

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