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Sherman A1

(38,958 posts)
Thu Jun 25, 2015, 06:40 AM Jun 2015

NGA project could cost city and state $130 million

The city of St. Louis is estimating it will cost $130 million to bring the National Geospatial-Intelligence Agency to the north side.

The figure was released Wednesday during a meeting of the Board of Aldermen’s Housing, Urban Development and Zoning committee. That money would come primarily from city and state sources, although those were not made public.

The committee is considering a board bill to authorize a $20 million loan to help the city acquire land within the NGA footprint. That vote was delayed when several members asked for a cost benefit analysis of the entire project.

http://news.stlpublicradio.org/post/nga-project-could-cost-city-and-state-130-million

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