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Board Packet for February 20, 2014
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Board Packet for February 20, 2014
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2/19/2014 2:39:04 PM
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February 9, 2014 <br />Economic Development Retail sales Tax Board <br />City of University City <br />6801 Delmar Blvd <br />University City, Missouri 63130 <br />Re: EDRST Funds Request Application <br />Dear EDRST Boards Members, <br />Purpose: <br />The purpose of The Loop Media Hub is to create high value jobs, improve real-estate value and create additional <br />public and private sector opportunity by the design and construction of a high speed Internet system that will <br />magnetically attract entrepreneurs and data oriented businesses to The Loop. The system will include a public access <br />wireless network and supporting fiber optic infrastructure. To save on construction costs, the high speed Internet <br />system will be constructed concurrently with The Loop Trolley. <br />The public access wireless network can be used by students, fami, educators and tourists that work in <br />or visit The Loop. <br />Our Request: Of our $ 80,000 design and engineering budget, we are requesting280 in EDRST funds for the <br />University City portion, the balance of which $ 35,720 will be provided by The Loop Media Hub for the St. Louis <br />portion. <br />Deliverables: 1) The documented engineering design for the high speed Internet infrastructure. 2) A yearly report of <br />the economic and retail sales tax impact of the high speed wireless network and supporting infrast <br />Loop u h-; -·©Ò-·;7r ·w; ; ;mz;;©zm 7;zm -Ò7 ,; ;ã·;7;7 · Yzm7 7 hzÝ;u <br />Best regards, <br /> <br />Program Manager <br />The Loop Media Hub <br /> <br />The Loop Media Hub Inc. <br /> <br />
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