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Remaining Ferguson Demolition Money Will Go To Community Building
From St. Louis Post-Dispatch: The building shells left behind after unrest in Ferguson and Dellwood have been cleaned up, and there’s still $150,000 left over from the money used to demolish them.
So the board of the St. Louis County Port Authority on Tuesday approved a measure allowing that money to be used for other initiatives in the Ferguson area. The funds, left over from $500,000 from the port authority in January 2015, can now be used for business development, marketing, neighborhood engagement, strategic planning and other efforts to boost the area.
The port authority collects about $5 million a year in rent from the River City Casino and can appropriate that money for economic development activities around the county. It does not need approval from the St. Louis County Council.