a Better Bubble™

Lighthouse St. Louis TDD

The Transportation Development District aspect of the Lighthouse Point Project.

Established by BB 94-2223

This Board Bill authorizes the City to enter into a project agreement with M2 Development Partners, LLC (the "Developer"), whereby the Developer will construct a portion of the Lighthouse Landing project at its own cost and expense and the City will reimburse the Developer for such costs using revenues generated by a sales tax imposed by the Lighthouse St. Louis Transportation Development District (the "TDD"), subject to remission of such revenues by the TDD to the City.