St. Louis County pulls taxpayers from NFL stadium financing

4 years 8 months 1 week ago Wednesday, April 01 2015 Apr 1, 2015 Wednesday, April 01, 2015 11:23:00 AM CDT April 01, 2015 in News
By: The Associated Press

CLAYTON - St. Louis County taxpayers will not be asked to help pay for a new NFL stadium on the downtown riverfront.

The St. Louis Post-Dispatch reports that last week, a senior aide to Gov. Jay Nixon told County Executive Steve Stenger's office that "St. Louis County's participation would not be necessary in the stadium deal." Stenger had previously said that he would not support county tax funds being used to help build the stadium without a public vote.

Jim Shrewsbury, the Nixon-appointed chairman of the Edward Jones Dome Authority, said the decision may be part of a plan to convince NFL owners to keep the St. Louis Rams in the city. Rams owner Stan Kroenke is among three team owners trying to move his team to Los Angeles.

Without county taxes, the $985 million stadium is stripped of $6 million per year.

 

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