Historic St. Louis street advances plan to self-fund $6M in tornado repairs

A Board of Aldermen committee on Tuesday advanced legislation that would create a special taxing district on Kingsbury Place, a historic private street in DeBaliviere Place whose residents say they want to finance up to $6 million in tornado-related infrastructure work without seeking city dollars.

The Housing, Urban Development and Zoning Committee voted to recommend approval of Board Bill 128, sponsored by Alderwoman Shameem Clark Hubbard, which would establish the Kingsbury Place HOA’s Capital Improvement Tornado Recovery Community Improvement District…

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