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Wed Jan 30, 2013, 12:02 PM

Shrewsbury, MO OKs tax breaks for new Walmart

SHREWSBURY, Mo. -- Plans for a new Walmart Super Center in the St. Louis County town of Shrewsbury are moving ahead after aldermen approved tax breaks for the project.

Aldermen voted 4-2 Tuesday to award $15 million in subsidies. Their vote overrode a Jan. 8 decision by the city’s Tax Increment Financing Committee.

Some residents have been critical of the $46 million project and the idea of providing tax subsidies to a company worth billions of dollars. The battle in Shrewsbury has been going on for two years.

http://www.kmov.com/news/local/Shrewsbury-OKs-tax-breaks-for-new-Walmart-189004411.html




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