Nixon announces agreement with local companies on new stadium si - KMOV.com

Nixon announces agreement with local companies on new stadium site

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By Daniel Fredman By Daniel Fredman
By Stephanie Baumer By Stephanie Baumer
By Daniel Fredman By Daniel Fredman
By Daniel Fredman By Daniel Fredman

ST. LOUIS (KMOV.com) – Missouri Governor Jay Nixon was in St. Louis on Tuesday to announce developments on the proposed riverfront stadium.

Nixon held a news conference at 10:00 a.m. on the north Riverfront area, where a group working to keep the NFL in St. Louis has plans for a stadium.

Nixon announced a relocation agreement with Ameren Missouri and the Terminal Railroad Association, the current owners of the land. According to Nixon, the cost of relocating the Ameren power lines will be $20 million, while the railroad relocation will cost $3 million. 

Nixon also spoke on the financial planning of a new stadium and said that a vote of the people would not be required to approve spending at the state level. 

Plans for the facility are to make it dual purpose, according to Nixon, making it conducive to a possible MLS team in the future. 

It is highly speculated that Rams owner Stan Kroenke is working to build a stadium in Los Angeles. NFL Commissioner Roger Goodell has formed a committee to look at stadium options the area.

"I have not personally spoken with Stan Kreonke," said Nixon during the conference. "I have spoken with the commissioner a number of times." 

Nixon added that Commissioner Roger Goodell continues to provide positive feedback about the progress in St. Louis. 

A memo was issued to all NFL owners stating the league, not any individual owner, will make decisions regarding team relocation. 

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