06/30/2016: TIF REDEVELOPMENT PLAN
Copy and paste the below link to your browser in order to download the submitted plan:
http://fentonmo.org/DocumentCenter/View/5852
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06/08/2016: Public Hearing Notice
TAX INCREMENT FINANCING COMMISSION
OF ST. LOUIS COUNTY, MISSOURI
NOTICE OF PUBLIC HEARING
The Tax Increment Financing Commission of St. Louis County, Missouri, will hold a public hearing at 6:30 p.m. on July 20, 2016, at Fenton City Hall, 625 New Smizer Mill Road, Fenton, Missouri 63026. This hearing is being held pursuant to the requirements of Sections 99.800 to 99.865 of the Revised Statutes of Missouri, as amended (the “TIF Act”), to consider the approval of the Fenton Logistics Park Tax Increment Financing Redevelopment Plan, the designation of the redevelopment area described therein and the approval of the redevelopment project described therein.
The proposed redevelopment area contains approximately 295 acres and is generally located north of N. Highway Drive, south of the Meramec River, east of Hitzert Court and west of the building located at 1201 N. Highway Drive. The proposed redevelopment area includes the site of the former Fenton Chrysler vehicle assembly plants, but does not include the rail yard located west of Hitzert Court.
The proposed redevelopment plan envisions the development of a mixed-use logistics park consisting of retail, restaurant and hotel uses along N. Highway Drive and office, manufacturing, warehouse, railroad and logistics uses in the remaining area. The purpose of the redevelopment plan is to provide tax increment financing assistance to offset the extraordinary costs of clearing and remediating the conditions that cause the redevelopment area to be a “blighted area,” as defined in the TIF Act, and constructing the necessary infrastructure to support the development of the logistics park.
A draft of the proposed redevelopment plan (including maps that more definitively depict the boundaries of the redevelopment area) will be available for review by any interested party on and after June 30, 2016 during regular business hours at (1) the St. Louis County Department of Planning, 41 S. Central Avenue, 5th Floor, Clayton, Missouri 63105 and (2) Fenton City Hall, 625 New Smizer Road, Fenton, Missouri 63026.
The public and representatives of all taxing districts affected by the proposed redevelopment plan are invited to submit comments to the Commission prior to the date of the hearing at the address listed below. All interested persons will be given an opportunity to be heard at the public hearing.
Tax Increment Financing Commission of St. Louis County, Missouri
c/o St. Louis County Department of Planning
41 S. Central Avenue, 5th Floor
Clayton, Missouri 63105
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05/24/2016: St. Louis County has advised that the first TIF Commission Meeting relating to the redevelopment of 1050 Dodge Drive, also known as the former Chrysler Property, will be held on Wednesday, June 1, 2016 at 5:00 p.m. in the County Council Chambers located at 41 S. Central Avenue, Clayton, MO 63105.
They have also advised that all future meetings will be held in Fenton and will be announced prior to the meeting.
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Bill 16-06 was passed by the Board of Aldermen on March 10, 2016 at a Special Board of Aldermen Meeting and became Ordinance No. 3572.
Click below to view past related information.