ST. LOUIS 鈥 The Board of Aldermen is once again asking the public for guidance on how to spend the city鈥檚 $250 million share of the settlement it received following a lawsuit related to the Rams鈥 move to Los Angeles.
Aldermanic President Megan Green鈥檚 office, and her colleagues on the board, whittled more than 700 ideas submitted by the public down to an even 20. And now, board members want constituents to vote on those.
The proposals up for debate run the gamut. There are plans to use the money to to replace the city鈥檚 historic but aging stock and bolster the planned construction of a . Other proposals envision putting the money into building more , overhauling city-run and mending the city鈥檚 rundown water system.
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Also in the mix are proposals to and , and currently in short supply.
The proposals also offer an early look at the amount of money officials could expect from a municipal endowment plan, where some or all of the cash would be invested to generate recurring returns that could then be spent on projects. Officials think they could see $12 million in new annual revenue.
All of the proposals can be found at .