ST. LOUIS, MO (KPLR)- We are getting our first look this morning at the big time tax dollars that are already being spent on the proposed new NFL stadium along the St. Louis riverfront. The dollars are broken down in these documents obtained by our partners at the St. Louis Post- Dispatch and the St. Louis Business Journal. The documents show that a lot of public money is already being doled out for a stadium project where ground hasn’t even been broken.
The documents reveal that leaders at the St. Louis Regional Convention and Sports Complex Authority or RSA, the agency that owns and operates the Edward Jones Dome, have authorized hiring or paying more than a dozen firms. The documents show that the RSA has signed contracts with architects, engineers, surveyors, planners, contract attorneys, tax attorneys and bond attorneys totaling at least $40 million and that contractors have already billed the RSA for around $800,000.
All of this for a $985 million stadium that might not ever get built. The Post reports that former Anheuser- Busch President Dave Peacock and Attorney Bob Blitz, who are heading up the stadium task force, both say they are watching expenses closely and being cost conscious.
Leaders of the stadium project say laying out detailed plans like the NFL wants to take money. They say at least for now there is still plenty of public money for the RSA to pay for those plans and to fund the Edward Jones Dome.