Re-post from The St Louis Post-Dispatch
Those increases — $650,000 a year from the city and $850,000 annually from the state — would allow a city agency to sell about $30 million in bonds to help fund the street work. The city would apply for federal and state grants to pay for the remainder.
The plan calls for about $31 million in improvements to Cass Avenue between North Grand and North Tucker boulevards; $18.9 million for St. Louis Avenue between Jefferson Avenue and North 11th Street; and $4.25 million for North 22nd Street between Cass and St. Louis.
“This is completely rebuilding these streets from street bed up,” said 5th Ward Alderman James Page, the bill’s sponsor.