The Shrewsbury Board of Aldermen approved a plan to redevelop the Kenrick Plaza as a retail center built around a 130,000-square-foot Wal-Mart store on 25 acres. To help facilitate the construction, the Kenrick Plaza Community Improvement District (the “District”) was established. The principal objective of the District is to provide a mechanism to fund improvements and services, including financing and reimbursing expenditures related to such improvements and services. The District’s source of revenue is a CID sales and use tax of one percent (1%) on all retail sales made within the District. The District CID project includes improvements to public infrastructure, roadway, entrance, and other similar types of improvements.
Reporting Period: January 1, 2016 through December 31, 2016
Date District Established: January 23, 2009
Enacting Ordinance: City of Shrewsbury Ordinance No. 2699
CID Sales Tax Effective Date: January 1, 2014
Municipality: City of Shrewsbury, 5200 Shrewsbury Ave, Shrewsbury, MO 63119
County: St. Louis County
District Legal Counsel:
Governing Board of Directors:
Chair: Gary Grewe
Secretary: Bill Appelbaum
Treasurer / Assistant Secretary: Michael Grewe
Director: Felicity Buckley
Director: Jonathan D. Greever