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St. Louis aldermen get plan for city's share of stadium

ST. LOUIS -- About two-thirds of St. Louis taxes generated by a new NFL stadium would go to the team that plays there, according to legislation sent from Mayor Francis Slay's office to aldermen.

Mayoral aides and members of Missouri Gov. Jay Nixon's stadium task force rewrote key financial provisions of the bill Tuesday before sending it to the Board of Aldermen on Wednesday, the St. Louis Post-Dispatch reported.

The goal is a funding plan that, in combination with NFL funds and money from the owner, will build a new stadium along the Mississippi River.