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Both Outlet Malls Looking For Tax Breaks

Proposed Chesterfield developers look to add sales tax on shoppers.

Property owners for St. Louis Premium Outlets petitioned for an additional 1 percent sales tax at the shopping center, in order to back $30 million in financing to build it. 

As reported in Chesterfield Patch earlier this year, Chesterfield's City Council agreed to allow Chesterfield Blue Valley LLC to petition for the tax. Chesterfield Patch has requested a copy of the document.

At the other end of the Valley, outlet mall developer T-O Ventures or Taubman, is asking the courts for a 5/8-cent additional sales tax to help pay for roadwork associated with the project.

The Taubman mall development includes adding lanes and a traffic light at the Boones Crossing exit from Highway 40, and building a road to code over existing gravel from North Outer Forty toward the levee trail. The existing path is between Hardee's Iceplex and what would be the mall parking lot. It would lead into the outlets shopping center.

City officials said the Taubman tax hike would be approved through the courts, while the Simon Premium Outlets petition would be at the City Council's discretion.

The finance committee of Chesterfield's city council will review the Simon Outlets petition for the sales tax on Monday, with a public hearing May 7, 6:30 p.m. in City Hall.

The City Council would consider the tax measure the same night at its regular meeting, Monday, May 7, starting at 7 p.m.  A final vote would be May 21 at a regular public city council meeting, City Hall. 

Officials pointed out that the city does not issue the $30 million in bonds.

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Libbey Malberg-Tucker April 20, 2012 at 04:15 PM
The proposed developments aren't receiving any "tax break" from the City. These are user fees that will be paid by those that shop within the stores only within their developments. The City is not diverting any existing taxes, nor is any other taxing jurisdiction. Don't want to pay the user fee? Don't shop there.
John Hoffmann April 21, 2012 at 12:03 AM
The TIF Commission and the City have to approve any TIF tax abatement. The City has to approve any TDD and CID sales taxes. These areas were never blighted which is the primary reason for TIFs, TDDs and CIDs. It is the city that approves these additional sales taxes and collects them. They are allowing developers to put their hands in your pcokets and drag out money to build the stores and infrastructure. In the case here in West county, the developers are stealing from the sorta rich and giving it to the very rich (themselves). Let them pay for the stores themselves. This is the gold standard for free enterprise and risk and reward.
KM Kramer May 04, 2012 at 03:57 PM
The entire Valley was "blighted" back in the early 1990's following the flood. the use of a CID to tax specific parcels to make public improvements (i.e. the access roads, utility lines) that will benefit the entire community certainly makes sense to me. No tax dollars are being taken from the school district, nor from any other taxing entity - in fact, the development will generate NEW revenue for Rockwood at a time when it is needed. As Libbey said above - i f you don't want to pay the tax, don't shop at the stores - but don't try and take away MY right to shop were I want to, to spend MY money how I want!
KM Kramer May 04, 2012 at 04:46 PM
The outlet malls will create new jobs and generate new taxes. The Rockwood School District is in need of new sources of revenue, and any tax dollars generated will be that much less that will have to be raised from the residents. There is a faction out there following their own agenda in trying to stir up trouble against new development in the Valley. Rockwood and the City need your support - show up at the City Council Meeting May 7th and let everyone know you support Rockwood, you support the City, and you support the right to shop at an outlet mall in Chesterfield if you want! Don't let big department stores and out of town mall owners dictate were you shop and what you pay for merchandise.

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