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City and state to pitch in $250 million for new stadium, not $350 million

ST. LOUIS • Gov. Jay Nixon’s stadium task force is now anticipating the state and city will cobble together $250 million in bonds for a new riverfront football stadium, not $350 million, as first anticipated, task force chief Dave Peacock said  Tuesday.

The plan makes up the difference with $150 million in tax credits and other economic tools, he said. The original proposal called for $55 million in tax credits, and Peacock wouldn’t further break down the new figure. At the same time, he acknowledged previous reports of city leaders considering a sales-tax hike on hot dogs and beer, for instance, in the new stadium.