St. Louis Developer Asks for Tax Credit Extension

4 years 7 months 6 days ago Wednesday, February 13 2013 Feb 13, 2013 Wednesday, February 13, 2013 3:42:12 AM CST February 13, 2013 in News
By: Associated Press

JEFFERSON CITY - St. Louis developer Paul McKee is asking Missouri lawmakers to extend the deadline on a tax credit program he hopes will redevelop St. Louis' north side.

McKee told a Missouri House committee Tuesday that lawsuits have delayed the drawdown of the $95 million program authorized by the Legislature in 2007. About $40 million has already been tapped by McKee from the program that expires in August.

The land assemblage tax credit is used to buy and maintain parcels of land in blighted parts of north St. Louis City.

The measure would extend the program for six more years and authorize another $95 million for the program.

McKee's request for a funding boost comes as lawmakers are trying to boost the state's coffers by scaling back existing tax credit programs.

 

More News

Grid
List
COLUMBIA - Home Instead Senior Care in Columbia is set to host a day of education: Alzheimer's Learning Day. ... More >>
1 hour ago Thursday, September 21 2017 Sep 21, 2017 Thursday, September 21, 2017 2:53:00 AM CDT September 21, 2017 in News
COLUMBIA - The University of Missouri has received a grant from the American Cancer Society and CVS Health Foundation to... More >>
9 hours ago Wednesday, September 20 2017 Sep 20, 2017 Wednesday, September 20, 2017 6:55:00 PM CDT September 20, 2017 in News
KANSAS CITY (AP) — Kansas City police have arrested a person of interest in the shooting death of an off-duty... More >>
9 hours ago Wednesday, September 20 2017 Sep 20, 2017 Wednesday, September 20, 2017 6:55:00 PM CDT September 20, 2017 in News
COLUMBIA - Funding for the Children's Health Insurance Program (CHIP) is set to end on Sept. 30. The program... More >>
9 hours ago Wednesday, September 20 2017 Sep 20, 2017 Wednesday, September 20, 2017 6:33:00 PM CDT September 20, 2017 in News
JEFFERSON CITY - Hasbro and Missouri UnitedHealthcare developed a wristband that can help reduce child obesity while getting kids up... More >>
9 hours ago Wednesday, September 20 2017 Sep 20, 2017 Wednesday, September 20, 2017 6:32:00 PM CDT September 20, 2017 in News
ST. LOUIS (AP) — St. Louis police could be wearing body cameras within 60 to 90 days. After a... More >>
9 hours ago Wednesday, September 20 2017 Sep 20, 2017 Wednesday, September 20, 2017 6:02:00 PM CDT September 20, 2017 in News
OSAGE BEACH - A firefighter was hospitalized with heat exhaustion after responding to a condo building fire Wednesday at 9:54... More >>
10 hours ago Wednesday, September 20 2017 Sep 20, 2017 Wednesday, September 20, 2017 5:53:00 PM CDT September 20, 2017 in News
ASHLAND - The Southern Boone School Board is taking a new approach on unpaid school lunches. Parents not paying... More >>
10 hours ago Wednesday, September 20 2017 Sep 20, 2017 Wednesday, September 20, 2017 5:52:00 PM CDT September 20, 2017 in News
COLUMBIA - David Robinson is one of the hundreds of people who will lose help paying his utilities, if a... More >>
10 hours ago Wednesday, September 20 2017 Sep 20, 2017 Wednesday, September 20, 2017 5:50:00 PM CDT September 20, 2017 in News
FULTON - Buying food locally can save gas and money and get the food to the table faster. A family... More >>
10 hours ago Wednesday, September 20 2017 Sep 20, 2017 Wednesday, September 20, 2017 5:26:00 PM CDT September 20, 2017 in News
KANSAS CITY (AP) — A Missouri couple who accidentally dropped a $3,000 engagement ring into a pond has had a... More >>
10 hours ago Wednesday, September 20 2017 Sep 20, 2017 Wednesday, September 20, 2017 5:16:00 PM CDT September 20, 2017 in News
COLUMBIA - A local group dedicated to helping women reenter the workforce is hosting a clothing drive. The Women's Network... More >>
10 hours ago Wednesday, September 20 2017 Sep 20, 2017 Wednesday, September 20, 2017 5:04:00 PM CDT September 20, 2017 in News
ST. LOUIS (AP) — The Latest on protests in St. Louis over a judge's acquittal of a former white police... More >>
10 hours ago Wednesday, September 20 2017 Sep 20, 2017 Wednesday, September 20, 2017 5:02:00 PM CDT September 20, 2017 in News
ST. LOUIS (AP) — The Phi Delta Theta fraternity at Washington University in St. Louis is suspended while police investigate... More >>
11 hours ago Wednesday, September 20 2017 Sep 20, 2017 Wednesday, September 20, 2017 4:32:00 PM CDT September 20, 2017 in News
SPRINGFIELD (AP) — Authorities say a Missouri man molested an 11-year-old girl he met using the MeetMe dating app. ... More >>
11 hours ago Wednesday, September 20 2017 Sep 20, 2017 Wednesday, September 20, 2017 4:14:00 PM CDT September 20, 2017 in News
JEFFERSON CITY - Personal and corporate income taxes currently account for about 75 percent of Missouri's revenue. The state's... More >>
11 hours ago Wednesday, September 20 2017 Sep 20, 2017 Wednesday, September 20, 2017 4:02:00 PM CDT September 20, 2017 in News
JEFFERSON CITY- Pioneer Trail Elementary School music teacher Andrew Berhorst acts as a crossing guard for the school in the... More >>
12 hours ago Wednesday, September 20 2017 Sep 20, 2017 Wednesday, September 20, 2017 3:33:00 PM CDT September 20, 2017 in News
JEFFERSON CITY - CrimeStoppers is offering a $500 reward for information leading to an arrest for a robbery that happened... More >>
12 hours ago Wednesday, September 20 2017 Sep 20, 2017 Wednesday, September 20, 2017 3:10:00 PM CDT September 20, 2017 in News
Columbia, MO
Broken Clouds 76°
4am 75°
5am 75°
6am 74°
7am 73°

Select a station to view its upcoming schedule:

Coming Up Next

3:00a
Early Today
4:00a
Early Today
4:30a
KOMU 8 News Today
3:30a
Paid Program
4:00a
Paid Program
4:30a
Paid Program

Tonight's Schedule

7:00p
American Ninja Warrior
9:00p
Chicago Fire
7:00p
Penn & Teller: Fool Us
8:00p
Whose Line Is It Anyway?
8:30p
Whose Line Is It Anyway?
9:00p
KOMU 8 News @ Nine on The CW
9:30p
Seinfeld