ST. LOUIS • The city will pay $6 million a year toward a new riverfront football stadium, plus rebate a still-unknown portion of game-day taxes back to the team, according to new aldermanic bills obtained by the Post-Dispatch.
The office of Mayor Francis Slay has committed to paying $150 million of the $1 billion construction and planning cost.
The annual $6 million — the same amount now going to cover debt payments on the current stadium, the Edward Jones Dome — will cover about $70 million of the city’s commitment.
The second half of the money will not be paid by the city, but instead by the public authority that owns the Jones Dome, according to the legislation.