Louis votes against MLS stadium plans

Louis votes against MLS stadium plans

Louis votes against MLS stadium plans

Proposition 2, which would have used about $50 million from an increase in business use tax revenue to subsidize the construction of an MLS stadium, won a majority of support in only eight of the city's 28 wards.

Both must pass for the soccer stadium funding to move forward because the sales tax increase from Prop 1 would trigger the use tax increase in Prop 2. After collecting the required number of signatures during a campaign this month, the bid fronted by local private equity investor Mike Stone (and including Padres managing partner Peter Seidler and new San Diego resident Landon Donovan) could have pushed the city council to decide on its own whether to permit the MLS hopefuls to build their arena on the Qualcomm Stadium site.

St. Louis' professional soccer hopes may have died Tuesday.

On Tuesday, in an election that had far higher turnout than most municipal general elections, city voters rejected a contentious proposal to fund a Major League soccer stadium by a 53 percent to 47 percent margin.

St. Louis appeared to be a heavy favorite among the 12 cities seeking two MLS expansion teams for the 2020 season.

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Opponents say it would be wrong to spend public funds on a stadium and that the money would be better spent on St. Louis' underfunded schools and infrastructure.

The plan calls for building commercial and office buildings, housing, a river park and a hybrid soccer-college football stadium.

The group proposed the development shortly after the NFL's Chargers announced they were relocating to the Los Angeles area. FS Investors told San Diego media that MLS won't make its decision until after the November 7 vote.

The city has said it could close Qualcomm Stadium by 2018.

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