$40 million in tax credits sought for St. Louis stadium



ST. LOUIS (AP) _ The group seeking to build a soccer stadium in downtown St.

Louis is seeking $40 million in state tax credits, in addition to $80 million in

public funding from city residents.



The St. Louis Post-Dispatch reports that the tax credit request will be

presented to the Missouri Development Finance Board Thursday in Jefferson City.

A vote is expected Dec. 20.



The group SC STL wants to build a stadium as part of an effort to lure a Major

League Soccer expansion franchise. The MLS has expressed interest in St. Louis

as a site for future expansion.



St. Louis voters could be asked in April to approve $80 million for the

project. Officials with SC STL estimate the cost of the stadium and acquiring a

team at $405 million.

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