Lt. Gov. Kinder calls for more football stadium details - KFVS12 News & Weather Cape Girardeau, Carbondale, Poplar Bluff

Lt. Gov. Kinder calls for more football stadium details

(Source: AP) (Source: AP)
(KFVS) -

Missouri Lieutenant Governor Peter Kinder is asking for more details on the funding plan for a new football stadium in St. Louis.

Kinder accused Gov. Jay Nixon's office of not being transparent about the stadium proposal.

A city aldermanic committee approved a financing plan for a new $1 billion stadium on Dec. 10.

The Ways and Means Committee approved the plan by a 7-2 vote Thursday. The full Board of Aldermen must still approve it.

Owners of the Rams, San Diego Chargers and Oakland Raiders all have proposed moving to Los Angeles. The NFL has a Dec. 30 deadline for the cities to submit plans to retain their teams.

In an interview with Bernie Miklasz on radio station WXOS, NFL Executive Vice President Eric Grubman expressed skepticism on the plan, saying the city "will fall short of having a compelling proposal that would attract the Rams."

Kinder wants Nixon to go before the St. Louis Board of Alderman and explain what exactly the proposal means for Missouri taxpayers.

Kinder said Nixon's commissioner of administration had few answers to questions from lawmakers at a legislative committee hearing on Nov. 30.

“He hadn’t even read a finance agreement, so the crucial questions about the state’s liability could not be answered,” Kinder said in a news release. “What happens, for example, if construction costs exceed projections? The co-chairman of Gov. Nixon’s stadium task force last month assured St. Louis city officials that the city would be off the hook, indicating the burden would fall to the state. That means taxpayers all across Missouri could be left to pay the bill.”

Kinder says that the St. Louis City Comptroller opposed the plan because it doesn’t guarantee the city will keep any minimum game-day revenues necessary to cover its debt service payments.

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Copyright 2015 KFVS. All rights reserved. The Associated Press contributed to this story.

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