ST. LOUIS – A new proposal from Mayor Cara Spencer’s office calls for the bulk of Rams settlement money to be allocated across three big priorities: tornado recovery, infrastructure repair, and downtown revitalization.
At present, the city has $255 million in settlement money at its disposal. The mayor’s plan would put $110 million for tornado recovery and rebuilding in north St. Louis, $65 million for infrastructure, and $55 million for downtown improvements. The remaining $25 million will left as a reserve and safety net.
The mayor’s proposal was shared with the St. Louis Board of Aldermen earlier this week.
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The $110 million for tornado relief would be split between the long-term tornado recovery fund ($79 million) and the north St. Louis neighborhood plan improvement fund ($31 million)…