CHESTERFIELD, MO (KTVI)-- The battle of Chesterfield outlet malls played out in the pubic Monday night. The Chesterfield city council is giving the public a chance to weigh in on the two development proposals.
There are two outlet malls on the table. One has already broken ground. The other "Simon Premium outlets" wants to establish a community improvement district.
The CID is a financing tool for the developer to use. It is not a TIF, instead this would impose an additional 1-percent sales tax for shoppers strictly using the outlet mall.
Residents showed up Monday night at Chesterfield City Hall with signs of opposition.
Many are opposed to the developer of Simon Premium outlets asking for $30 million in tax subsidies for the $275 million project.
Chesterfield city leaders say the city has no monetary involvement.
The sales tax or so called "user fee" would be charged to people who shop only in the shopping center. A $200 purchase would see an additional $2 tax, making the tax rate 9.3 percent.
Developers say the outlet could generate $150 million in sales, create 500 construction jobs and thousands of full time jobs once it opens.
Residents presented a petition and dozens spoke out against giving millions away in tax subsidies.
Residents opposed to the plan questioned why Chesterfield held a public forum when it appeared their minds were already made up. After each negative comment many council members felt the need to defend the developers. That didn't sit well and we heard boo's and shouting out of turn. A final vote could come at the end of May.