Soulard CID Update

The ordinance establishing the Soulard Community Improvement District (CID) passed the Board of Aldermen and was signed by the Mayor this month.  The Board includes 3 residential property owners who reside in the District, 2 owners of commercial property or business owners, 1 nominee from the Soulard Restoration Group, and one nominee of the Soulard Business Association.  Board members were named in the ordinance (click here to view/download), and the initial meeting of the CID board of directors was held on August 12.  Terry Hoffman will serve as Chairman and Treasurer.  Luke Reynolds will serve as Vice Chairman, and Phyllis Young will be Secretary.  At large members of the Board are:  Julie Price, John Durnell, Max Burton and Ryan King.

While the structure of the Community Development District is in place, THERE IS ONE LAST IMPORTANT STEP IN THE PROCESS, WHICH CAN’T BE ACCOMPLISHED WITHOUT YOUR HELP … THE ESTABLISHMENT OF THE SALES TAX RATE FOR THE CID.

We are requesting a rate of one percent (1%).  In order to establish this tax rate, there must be a majority of ballots received in support of the proposed rate.  If the tax is passed, businesses would start collecting the tax in January and the CID would receive their first payment after the close of the first quarter, 2020.  Initial projections estimate approximately $500,000 for improvements and marketing of the Soulard CID area.

The election to establish the proposed tax rate is unique from most others.  All registered voters within the CID boundaries will be mailed a ballot by certified mail.  This means that voters must sign a card provided by the US Post Office in order to receive the ballot.  Each registered voter must then “vote” the ballot (click here to view/download), place it in the enclosed prepaid envelope, and mail it back to Husch Blackwell (the legal representative for the CID).  The ballots will be mailed on September 4th and must be returned by the date on the notice (likely September 24th).  This should allow ample time for interested parties to get to the post office if they receive a green card notifying them of a Certified Letter (in the event they aren’t home to sign for the letter containing the ballot).

Our Post Office is Maryville Gardens, which is located at 2920 Meramec Street.  At the close of business on that date legal counsel will open and count the ballots.  The proposed tax rate needs a simple majority to pass.

We strongly urge all registered voters within the proposed CID boundaries to vote “YES” on the mail-in ballot in order to approve the 1% sales tax to fund and support the CID.

Thanks in advance for your support and if you have any questions, please contact us at info@soulardcid.org.

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