The St. Louis Board of Aldermen Budget & Public Employees Committee heard a presentation and voted a due-pass recommendation on Board Bill 98, which would authorize up to $5 million in parking revenue bonds to acquire a 143-space parcel at Compton and Olive for public parking and future redevelopment options. Treasurer Adam Lane presented financing, appraisal ($3.4M) and improvement ($~877k) details; one resident testified in opposition.