City of Chesterfield Planning and Public Works Committee Meeting Minutes February 2026
City to Negotiate $750K TIF Road Reimbursement with TriStar
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Description
The Planning and Public Works Committee authorized staff to negotiate an agreement reimbursing TriStar up to $750,000 from TIF funds for enhanced Burkhart Road extension improvements associated with Lot 3B. Reimbursement will occur only after occupancy and an anticipated $3 million bond issuance, with no upfront City costs.
Contract Details
Contract Amount
up to $750,000 (estimated total project cost $1.5 million)
Vendor
TRISTAR
Agency
Chesterfield Commons Transportation Development District, MO
Contract Type
CONSTRUCTION
Document Date
February 19, 2026
Contract Term
Reimbursement from TIF funds after occupancy; horizontal work completion targeted by Memorial Day with vertical construction over two years
Renewal Info
One-time reimbursement agreement tied to completion and occupancy of the Lot 3B development; no renewal terms discussed.
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PENDINGIssuing Agency
Chesterfield Commons Transportation Development District
Special District
Saint Louis, MO
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