(ST. LOUIS, AP) — A revised plan for a new NFL stadium in St. Louis calls for the stadium authority to seek $50 million in state tax credits from the Missouri Development Finance Board.
The St. Louis Post-Dispatch (http://bit.ly/1fPK2VT) reports that the St. Louis Regional Convention and Sports Complex Authority will present its request Tuesday at a meeting in Jefferson City.
The credits would be spread over three years to help fund the proposed open-air stadium along the Mississippi River north of the Gateway Arch, a major part of the effort to keep pro football in St. Louis.
The newspaper reports that new financial details in the authority’s application include an updated cost: $998 million, up from the initial $985 million.
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Information from: St. Louis Post-Dispatch, http://www.stltoday.com.
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