Found November 03, 2010 on Rams Herd:
It’s well known that 2015 is a big do-or-die year for the City of St Louis and the Rams. That’s the year that Stan Kroenke can flex the opt-out clause in the Rams’ stadium lease, if the stadium itself isn’t up to league standards. As Forbes reports, the Ed Jones Dome is a long way from qualifying. Who will pay the bill? If Stan Kroenke’s past land development deals are any indication, a combination of tax offsets and bond sales from the city, private money and taxpayer money will all pay into the pot. However, thanks to the just-passed Proposition A, state-wide voters can decide as early as next year whether to strip the City of St Louis of $150 million dollars of annual revenue. And if current voter sentiment is any indication, they will do just that. As you can see from this economic topography of St Louis, the City isn’t exactly flush with cash as it is. The impact on the Rams? If the City of Saint Louis is scrambling for money, their bond ...
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