CHICAGO - St. Louis voters will decide in an August ballot measure whether the city should issue $180 million of debt to fund infrastructure improvements.
The city council approved the measure May 27 and Mayor Francis Slay signed it, allowing the question to go on the Aug. 4 ballot.
The city would repay the debt over 20 years with higher property and vehicle taxes.
Approval of the legislation to put the question on the ballot followed a report from the council's capital committee last year promoting the need for $155 million in spending to address long deferred projects.
The bonds would finance projects across the city, equipment purchases for the police and fire, improvements to city buildings, and street and bridge projects.
The city last asked voters to approve $65 million in borrowing in 1999.