SLDC annual incentive compliance report (City Code Chapter 3.160)

At a glance

  • What: The yearly report the St. Louis Development Corporation (SLDC) must give this committee on how it follows City Code Chapter 3.160, the incentive transparency and accountability ordinances (development proposal reports, scorecards, clawbacks, notice to schools and labor).
  • Where it stands: Presented October 20, 2026 by Bollinger; discussion only, no vote.
  • Key points: SLPS has formally opposed only two projects; no labor objections; 2.5% base escalator on payments in lieu of taxes; 130 abatement projects approved 2017-2025 (54 completed, 40 in progress, 15 canceled or stalled).
  • Pipeline named: 4415 Margaretta, 4500 Washington Avenue, the Elliott School project, Cass Bank area (Planning Commission first), Kings Highway and Oakland area (held in committee), Sensient Technologies and AAA Cooper (expected soon), Midtown public infrastructure TIF.
  • Next: Members asked for future reports to name compliance failures and the response; a board bill on retiring 12 to 14 TIFs is expected within weeks.

Sources

Discussion time

About 19 minutes across 1 meeting (from transcript timestamps; approximate).

Meeting Minutes
2026-10-20 - Housing, Urban Development & Zoning Committee 19

Log