Listen to Oral Argument from Yesterday's High Court Battle Over Paul McKee's Project
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| What will the Missouri Supreme Court justices decide about McKee's dream for North St. Louis? |
What's a "project"? How specific does a developer need to be about a redevelopment "project" before a city can use its authority under state law to grant tax increment financing (or a TIF)?
Developer Paul McKee thinks he's been plenty specific about his dream to revitalize more than 1,000 acres of the city -- or, at least, specific enough to deserve the $390 million TIF that the Board of Aldermen granted him in 2009.
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