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Board of Aldermen July 2 2026

Published: Jul 2, 2026

Budget & FinanceAll

City Council Approves $255 Million RAM Settlement Fund Allocation Amidst Debate on North St. Louis Funding

Board Bill 22, appropriating $255 million in RAM settlement funds, was debated extensively regarding its allocation to tornado recovery, North St. Louis redevelopment, citywide infrastructure, and downtown revitalization. Concerns were raised by Alderwoman from the 12th and 13th regarding the specific amount allocated to North St. Louis ($31 million) compared to downtown ($100 million including prior funds), and the naming convention of the funds. Despite these concerns and a close vote, the bill passed, aiming to address critical needs including infrastructure, housing stabilization, and downtown investment, with proponents emphasizing it as a historic step forward despite not being perfect. The bill also includes provisions for youth climate action fund through Board Bill 32, and other budget-related items across multiple board bills.

Traffic & TransportationInfrastructure

City Council Considers Street Closures and Speed Hump Installations

During the meeting, Board Bill 56 was introduced, authorizing the director of streets to permanently close, barricade, or impede traffic flow on the 3,800 block of Olive Street at the intersection of Vandeventer Avenue [cite: 143-151]. Additionally, Board Bills 34 and 45, sponsored by Alderwoman Velasquez and Alderwoman Clark Hubard respectively, were presented for perfection consent. These bills direct the director of streets to install speed humps to calm traffic flow on various blocks within the sixth and 5,500/5,200 blocks of Ridge, respectively [cite: 271-278, 294-300].

Community DevelopmentCommercial

City Council Debates and Perfects Board Bill to Define and Certify Community Development Corporations

Board Bill 41, which establishes a definition and certification framework for Community Development Corporations (CDCs), was debated extensively. Key discussion points included the definition aligning with state law but adding a 'place-based' requirement with a defined service area, a governance requirement for board membership from the service area (25% minimum), and four eligible activity areas (housing, economic development, neighborhood stabilization, community organizing). Concerns were raised by Alderwoman from the 12th and 13th regarding the 25% board membership requirement, historical issues with CDCs, and the necessity of a full-time employee. Supporters emphasized the bill's role in clarifying CDC functions, promoting transparency, and enabling sustainable funding partnerships, while critics argued for a higher percentage of local board representation and flexibility for volunteer-led organizations. The bill was ultimately perfected.

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St. Louis, Missouri Development News — July 2026 | GatherGov