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The St Louis Contrarian

Providing Independent and Intelligent Insight on St. Louis Public Policy Issues

Archive for the category “economic development”

Major Error Over TIF in University City

www.stltoday.com/business/local/after-bad-mistake-in-calculations-it-s-back-to-negotiating/article_8ce2d69d-9b15-5e56-8a07-db2987a359a4.html

this is a major screwup. Consultant should be tarred and feathered

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Be Cautious About City County. Merger

www.stltoday.com/business/columns/david-nicklaus/city-county-merger-would-be-an-economic-positive-but-not/article_b23a6248-acaf-562d-848b-6576c1d4d24b.html

good article as always by David Nicklaus. I believe anything in this direction is good

Like to offer only scooters in St. Louis

www.stltoday.com/news/traffic/along-for-the-ride/lime-yanking-remaining-pedal-only-bikes-from-st-louis-sticking/article_bd1acfd0-b69c-59a5-9736-de7695452dad.html

the scooters can be dangerous to everyone but seem to be a good thing in promoting v

Community.

New Economic Development Group

www.stltoday.com/business/local/leaders-of-st-louis-business-groups-form-new-economic-development/article_2d76145e-377e-554c-ad34-da672377a750.html

I question whether we need this. There are too many economic development groups already with lots of high paid staff and little in the way of results. Many question the need for economic development organizations. Written by Paul Dribin

Announcement if Better Together Plan

www.stltoday.com/news/local/govt-and-politics/metro-city-better-together-launches-a-two-year-effort-to/article_c2f6dca1-c450-5aba-b837-9802da767f88.html

more on this later

Merger of Governments in St. Louis County

There has been quite a lot of talk recently about merging governments in the St. Louis region. There is a proposal led by Better Together to have a statewide vote on the issue, putting all the communities in St. Louis County into one government. This has fostered a statement by local government leaders to develop their own plan.

I believe the fragmented governmental structure of the region is so poisonous to our development that something needs to be done. I don’t know if one government is the answer but we need to eliminate all the small inefficient units of government. Written by Paul Dribin

Economic Development Myths

I frequently hear claims made for some development project claiming that the project will create either some large number of jobs or billions of economic development dollars. New projects are all tied to this “great” initial project which in its’ own right may be of dubious value.

There are several obvious misconceptions with this thinking. First, it is very difficult to tie a dollar value to any given project beyond the initial expenditure. Metro is claiming billions of dollars due to Metrolink, a very dubious proposition. There are claims the trolley in Kansas City has created billions of dollars in investment. The main flaw in this thinking is that this secondary development would not have happened if not for the initial development. How do we know? It is safe to say that the Cortex project would have taken place with or without Metrolink.

In conclusion, we should be highly suspicious of economic development statistics. Written by Paul Dribin

This article talks around the vacancy issue

www.stltoday.com/opinion/columnists/st-louis-has-a-plan-for-vacancy/article_039ec2ca-751d-5451-b039-f6f60baa239d.html

what is a chief resiliency officer?

St.Louis County Economic Development Council

This has been one of my favorite topics, one that unfortunately I have been correct about. Sheila Sweeney who made the ridiculous salary of $500,000 a year.(I could have run the organization into the ground for a lot less), resigned under pressure last week.

As I have previously written, the agency involved itself in many shady if not illegal transactions tied to friends of County Executive Stenger. Furthermore, the staff is bloated and the salaries of these individuals is quite high, with many making in the six figures.

I hope the county now gets a handle on the situation and that criminal proceedings occur. A bigger question is what do these Economic Development Agencies accomplish for the money spent on them? Written by Paul Dribin

McKee Again

The Paul McKee effort on the north side of St. Louis appears to be going nowhere. I have been a fan of Mr. McKee and was impressed with his work at Winghaven in St. Charles County. I still believe him to be a sincere person.

The project he tried to undertake in St. Louis may have been too big for anyone to handle and he faced obstacles of community and political resistance. He certainly made his share of mistakes, especially in not engaging the community in a better manner. Nevertheless, he has not lived up to his commitment, has rehabbed almost no houses, and has needed the Geospatial Project buying out his properties to save him. Too bad. Written by Paul Dribin

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