No sale on initiative to lease STL airport and give 30% of proceeds to police

While a dedicated fund for minority-owned business development is a good idea, we see here a troubling facet of this initiative. This initiative restructures city government by creating various new discretionary funds independent of the city budget and its public process. It also calls for the creation of new governing bodies to both lease the airport and to manage the city’s relationship with the lessee. St. Louis does not need new layers of government run by appointees, not elected officials, leasing the city’s largest asset and managing that contract. The appointing powers for these bodies are weighted in favor of the mayor and aldermanic president at the expense of the comptroller; no surprise – Krewson and aldermanic President Lewis Reed favored the airport privatization process, while Comptroller Darlene Green opposed it.


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