St. Louis Voters to Weigh $64M Bond for Blight Cleanup
Source: stltoday.com
- St. Louis voters will decide on a $64 million bond issue to fund vacant property repairs citywide.
- The measure targets over 8,000 blighted buildings, aiming to demolish or rehabilitate them.
- If approved, work starts next year with $15.4 million for immediate demolition of the worst properties.
St. Louis leaders are pushing a ballot measure for voters to approve borrowing $64 million through bonds to fix the city's massive problem of abandoned and decaying buildings. The plan involves the Land Clearance for Redevelopment Authority (LCRA) handling most of the work, focusing on demolition and some renovations. It matters because blight drags down neighborhoods, scares off investment, and costs the city millions in upkeep - this could finally tackle a decades-old issue.