ST. LOUIS (KMOX) – Darlene Green controls the puck this morning on the question of how to pay for upgrades to the home of the St. Louis Blues, the Scottrade Center.
Last week a judge ordered Green to sign a financing package for $64 million in city-backed bonds to renovate the Scottrade Center, and the judge gave her five days, which expires today. Green’s office and her attorney won’t comment on what she’ll do.
Earlier she seemed adamant that to sign it would wreck the city’s credit rating.
“Moody’s has said that the city’s revenues are not flexible enough. We have obviously reached a tipping point, otherwise we would not be on a surveillance watch by the credit agencies,” Green says.
If Green refuses to sign off on the deal, she would have to file an appeal to avoid being held in contempt of court and risking fines.