Transportation & Commerce Committee

Agenda Transportation & Commerce Committee Meeting St. Louis Board of Aldermen Tuesday, June 2, 2026 - 10:00 AM Kennedy Room President Megan Green Alderman Shane Cohn, Chair Committee Members: Alderman Thomas Oldenburg Alderman Bret Narayan Alderwoman Anne Schweitzer Alderwoman Jami Cox Antwi Order of Business I. Call to Order II. Roll Call III. Approval of Minutes Approval of the minutes from Tuesday, May 26, 2026, committee meeting. IV. Board Bills for Review None V. Resolutions for Review (The committee will discuss and take public comment on the following) Resolution Number 33 Introduced by Alderwoman Anne Schweitzer, Shane Cohn, Michael Browning, Laura Keys NOW, THEREFORE, BE IT RESOLVED by the Board of Aldermen of the City of St. Louis that the Board of Aldermen hereby recommends that the Port Authority participate in an industrial revenue bond transaction with the Company to provide 10 years of 80% personal property tax abatement for the Project. VI. Committee Discussions None VII. Acknowledgment of Any Written Testimony VIII. Announcements Page 1 of 4 IX. Excused Members X. Adjournment Page 2 of 4  RESOLUTION NUMBER 33 RECOMMENDING THAT THE CITY OF ST. LOUIS PORT AUTHORITY PROVIDE PERSONAL PROPERTY TAX ABATEMENT FOR A PROJECT AT 611 MARCEAU AVENUE WHEREAS, pursuant to Ordinance Nos. 56707 and 56939 and in accordance with Chapter 68 of the Revised Statutes of Missouri, as amended (the “Port Authority Act”), The City of St. Louis, Missouri created the City of St. Louis Port Authority (the “Port Authority”); and WHEREAS, as stated in the Port Authority Act, the Port Authority’s purpose is “to promote the general welfare, to promote development within the port district, to encourage private capital investment by fostering the creation of industrial facilities and industrial parks within the port district and to endeavor to increase the volume of commerce, and to promote the establishment of a foreign trade zone within the port districts;” and WHEREAS, Winland Foods, Inc. (the “Company”) desires to expand its production lines at its pasta making facility located at 611 Marceau Avenue, which is within the Port Authority’s port district boundaries, by acquiring and installing approximately $35,000,000 of new equipment (the “Project”); and WHEREAS, completion of the Project will lead to the creation of approximately 25 jobs with average wages between $48,460 and $70,720 and the retention of 90 existing jobs; and WHEREAS, by participating in an industrial revenue bond transaction, whereby personal property is acquired by the Port Authority and leased to the Company, the Port Authority is able to facilitate personal property tax abatement for the Project; and WHEREAS, completion of the Project will improve the general welfare of the City by retaining jobs and earnings and payroll tax revenues within the City and fostering private capital investment within the Port Authority’s port district boundaries. NOW, THEREFORE, BE IT RESOLVED by the Board of Aldermen of the City of St. Louis that the Board of Aldermen hereby recommends that the Port Authority participate in an industrial revenue bond transaction with the Company to provide 10 years of 80% personal property tax abatement for the Project. Introduced this 29th day of May, 2026 by: The Honorable Anne Schweitzer, Alderwoman 1st Ward Cosponsors: The Honorable Shane Cohn, Alderman 3rd Ward The Honorable Michael Browning, Alderman 9th Ward The Honorable Laura Keys, Alderwoman 11th Ward Adopted this 29th day of May, 2026, as attested by: _______________________________ ___________________________ Sharita Rogers Megan E. Green Clerk, Board of Aldermen President, Board of Aldermen Page 3 of 4  RESOLUTION NUMBER 33 RECOMMENDING THAT THE CITY OF ST. LOUIS PORT AUTHORITY PROVIDE PERSONAL PROPERTY TAX ABATEMENT FOR A PROJECT AT 611 MARCEAU AVENUE WHEREAS, pursuant to Ordinance Nos. 56707 and 56939 and in accordance with Chapter 68 of the Revised Statutes of Missouri, as amended (the “Port Authority Act”), The City of St. Louis, Missouri created the City of St. Louis Port Authority (the “Port Authority”); and WHEREAS, as stated in the Port Authority Act, the Port Authority’s purpose is “to promote the general welfare, to promote development within the port district, to encourage private capital investment by fostering the creation of industrial facilities and industrial parks within the port district and to endeavor to increase the volume of commerce, and to promote the establishment of a foreign trade zone within the port districts;” and WHEREAS, Winland Foods, Inc. (the “Company”) desires to expand its production lines at its pasta making facility located at 611 Marceau Avenue, which is within the Port Authority’s port district boundaries, by acquiring and installing approximately $35,000,000 of new equipment (the “Project”); and WHEREAS, completion of the Project will lead to the creation of approximately 25 jobs with average wages between $48,460 and $70,720 and the retention of 90 existing jobs; and WHEREAS, by participating in an industrial revenue bond transaction, whereby personal property is acquired by the Port Authority and leased to the Company, the Port Authority is able to facilitate personal property tax abatement for the Project; and WHEREAS, completion of the Project will improve the general welfare of the City by retaining jobs and earnings and payroll tax revenues within the City and fostering private capital investment within the Port Authority’s port district boundaries. NOW, THEREFORE, BE IT RESOLVED by the Board of Aldermen of the City of St. Louis that the Board of Aldermen hereby recommends that the Port Authority participate in an industrial revenue bond transaction with the Company to provide 10 years of 80% personal property tax abatement for the Project. Introduced this 29th day of May, 2026 by: The Honorable Anne Schweitzer, Alderwoman 1st Ward Cosponsors: The Honorable Shane Cohn, Alderman 3rd Ward The Honorable Michael Browning, Alderman 9th Ward The Honorable Laura Keys, Alderwoman 11th Ward Adopted this 29th day of May, 2026, as attested by: _______________________________ ___________________________ Sharita Rogers Megan E. Green Clerk, Board of Aldermen President, Board of Aldermen Page 4 of 4