Aldermen advance $30 million tornado relief fund using Rams settlement interest
The Housing, Urban Development and Zoning Committee advanced Board Bill 31 to create a Tornado Relief and Recovery Fund that uses approximately $30 million in interest from the Rams settlement to deliver immediate aid to residents affected by the May 16 storms; committee adopted three amendments and set an expedited schedule for final action.
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St. Louis Board of Aldermen Housing, Urban Development and Zoning Committee members advanced Board Bill 31 on a fast timeline to create a Tornado Relief and Recovery Fund financed by interest on the Rams settlement, roughly $30,000,000, to support residents affected by recent storms and tornadoes.
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