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Tue May 28, 2013
St. Louis officials consider merging city/county economic strategies
St. Louis aldermen have taken a step toward merging economic strategies with surrounding St. Louis County, a move that would pave the way for more cooperation between the two governments.
The Board of Aldermen last week endorsed a merger of economic development agencies. And the St. Louis Post-Dispatch reports the board is expected to take a final vote in early June.
The plan is designed to increase cooperation between the city-run St. Louis Development Corp. and the St. Louis County Economic Council by putting the two agencies' strategies in business development, marketing and entrepreneurship all under one roof.
The St. Louis County Council would still need to sign off on the merger.
Some officials worry the city could get short-changed and want more time to study the proposal.