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Springfield, Missouri |
July
02, 2003 |
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DOWNTOWN
REDEVELOPMENT BILL
TO BE SIGNED IN SPRINGFIELD |
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On Monday (July 7), a bill designed to stimulate economic
development in historic downtowns will be signed into law by Gov.
Bob Holden in a noon ceremony at the Discovery Center of
Springfield, 438 E. St. Louis St.
In May, the Missouri General Assembly passed the Missouri Downtown
and Rural Economic Stimulus Act (MODESA), which will allow major
developments to capture a portion of state taxes to be redirected to
the construction of public facilities and infrastructure. It is also
designed to be more responsive to developer timing than current
redevelopment programs.
Passage of MODESA was a priority of the Springfield Area Chamber of
Commerce and the City of Springfield. |
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Visit us at
www.business4springfield.com for additional information
regarding development in the Springfield area. |
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If you can not read
all of this email please visit this web address
www.business4springfield.com/news |
