ST. LOUIS • The office of Mayor Francis Slay has committed to giving about two-thirds of the city taxes generated by a new riverfront football stadium to the team that plays there, according to legislation sent to the city’s Board of Aldermen on Wednesday.
But it is also hoping Aldermen will agree to hold on to a chunk — team income taxes and a portion of stadium sales taxes — which it estimates will bring the city a few million dollars a year to refill coffers.
Mayoral deputies and Gov. Jay Nixon’s task force spent hours on Tuesday rewriting key financial provisions of the bill before sending it to the aldermen, with hopes that they're generous enough to keep a National Football League team in St.