The Board will accept and review petitions for two categories of grant programs. Such projects may or may not be consistent with plan recommendations. Projects funded under this program must be consistent with the plan. St. Louis County and St. Louis City may adopt a use tax, equivalent to the amount of sales tax, to fund these programs. This act redirects the money to the Community Comeback Trust.
Current law allows the formation of urban redevelopment corporations in municipalities.
This act also authorizes the formation of an urban redevelopment corporation in St. Louis County. This act contains an emergency clause.