Mayor Slay Missouri Legislature Northside Regeneration

Mayor’s Campaign Website Polling on Landbanking Tax Credit

by Michael R. Allen

The Mayor Francis Slay’s campaign website now features a “mini poll” on the current session of the Missouri legislature. One of the questions is interesting:

A bill being considered in the Missouri legislature would establish a tax credit to assemble large tracts of land for new development in low-income City neighborhoods. Is this a good idea?

Here are the choices for answers:

_ Yes, spurring large-scale development in City neighborhoods that have seen years of disinvestment is a good idea
_ No, the tax credit idea is fine, but the scale of the new development worries me
_ No, it’s just wrong to use public incentives to encourage private development

See it for yourself here. Perhaps the mayor’s stance will be influenced by the result of the mini poll.