A report out today says that the St. Louis Convention and Visitor's Commission will have to pay $2 million of the Rams' lawyer's fees.
The story was originally reported by the St. Louis Business journal. The two sides met with an arbitrator earlier this year to determine the best plan to upgrade the Edwards Jones Dome. The Rams won that arbitration and according to the original lease, the side that won any arbitration would eligible for reimbursement to cover legal fees. The arbitrator settled on a reimbursement of $2 million.
The CVC is funded by taxpayers.
ST. LOUIS (AP) - The Missouri Supreme Court has ruled in favor of a massive project using tax increment financing to redevelop an impoverished area of St. Louis.
A trial court more than two years ago threw out $390 million in TIF funding for developer Paul McKee's NorthSide Regeneration project. An appeals court sided with the trial court.
But the Missouri Supreme Court in a unanimous ruling Tuesday reversed the part of the ruling that voided a city ordinance, allowing the project to move forward.
An attorney for residents who sought to stop TIF funding calls the ruling disappointing. But McKee's attorney says it is a big day for St. Louis.
The $8 billion development is expected to eventually include 10,000 homes, office and retail space in a two-square-mile area north of downtown.
PENSACOLA NAVAL AIR STATION, Fla. (AP) - The U.S. Navy has canceled the remainder of the elite Blue Angels demonstration team's 2013 season because of federal cuts.
The commander of Naval air forces announced the decision on Tuesday.
The Blue Angels have performed at air shows around the world for more than 60 years. The fighter pilots selected to serve a two-year tour with the team are among the world's best and are often graduates of the Navy's famed Top Gun air tactics school.
A spokesman for the Navy said team members would be allowed to fly minimal hours to maintain flight proficiency in the F/A 18 fighter jets, but the six-jet squadron would discontinue group practices for the remainder of the season.