ST. LOUIS, MO (KMOX)- Calling it a “good, long-term investment” St. Louis Mayor Francis Slay says he supports the cash-strapped police department’s purchase of a former Wells Fargo Advisors building for a new headquarters.
Slay tells KMOX he wasn’t always sold on the idea, “I looked at this very hard. The chief came to me with this idea some time ago, and I was skeptical as other people. But once you get the facts, you see what the issues are with the current facility you see the potential with this new building. I do think it’s a good use of taxpayers’ money.”
The police department says it is buying the building at 1915 Olive for $2.7 million, about $5 million less than its market value. Department officials also say that an engineering firm has determined that it will take at least $15 million to do the most critical upgrades and repairs to the current headquarters building at 1200 Clark, which is 83 years old.
KMOX asked Slay if the money couldn’t be put to better use by putting more officers on the streets, “You got to set priorities and one priority is having a facility that is safe and functional for the people who are working in there, the uniformed officers the civilian employees, people who come and visit the building as well.”
The funds used to purchase the building come from money seized as proceeds of criminal activity.
The department isn’t expected to move into the new building for at least a year and-a-half.
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