St. Louis Board of Aldermen

Some members of the St. Louis Board of Aldermen say they’re planning a bill that would counter board legislation introduced Friday for spending the Rams settlement money.

The board bill seeks to infuse $232.5 million into development in north St. Louis, southeast St. Louis and downtown.

The measure levies an extra 3%-per-night fee on the cost of a short-term rental, with the money going to affordable housing.

Clyde Cahill, a native of St. Louis, was the first Black federal judge in the Eastern District of Missouri, which is based in the city.

St. Louis Alderwoman Cara Spencer has resigned from the city’s nonprofit development arm, the St. Louis Development Corporation, citing internal dysfunction and a lack of transparency.

Voters approved the 3% tax in April 2023 with the intent to “address historic inequalities."

In 2017, 66 projects were approved for tax incentives. That number dwindled to 11 in 2023.

Mayor Tishaura Jones plans to sign the bill, which allows dispensaries to stay open until 10 p.m. Currently, those businesses must close at 8 p.m.

Three other proposed changes will be on the Nov. 5 ballot. They would require 60% approval to be adopted.

The board sent four other proposed charter changes to Mayor Tishaura Jones. Her office says she is reviewing the legislation.