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Committee adopts amendment defining Rams settlement funds and sets two-thirds Board vote threshold
Summary
The Legislation and Rules Committee adopted Amendment 1 to Resolution 245 to define 'Rams settlement funds' and require an affirmative two-thirds vote of the full Board of Aldermen to appropriate those proceeds; the amendment passed the committee vote 5–1 and the resolution received a due-pass recommendation.
Alderman Oldenburg urged the Legislation and Rules Committee on Tuesday to adopt Amendment 1 to Resolution 245, which clarifies the definition of settlement proceeds related to litigation with Rams owner Stan Kroenke and the National Football League and would require an affirmative two-thirds vote of the full Board of Aldermen to appropriate those funds.
Oldenburg, who introduced the amendment, said the change would ‘‘ensure widespread support’’ for spending what he described…
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