JEFFERSON CITY • The authority overseeing the push for a new football stadium in St. Louis received a $3 million line of credit from the state Tuesday to help it pays it bills.
On a 9-1 vote, the Missouri Development Finance Board approved the agreement after the stadium operator said it was running low on cash because of all the money it has spent trying to keep the Rams from moving west.
Republican Lt. Gov. Peter Kinder, who is running for governor in 2016, cast the lone “no” vote, saying the board was acting hastily at a time when many lawmakers and voters are opposed to the overall stadium financing plan.