Royal Banks of Missouri, a Missouri state-chartered bank, Richard L. Striler, as Receiver for Missionary Ventures, LLC, and Oblate Shrines and Renewal Centers, Inc., a Massachusetts not-for-profit corporation v. City of Belleville, Illinois

CourtDistrict Court, S.D. Illinois
DecidedDecember 10, 2025
Docket3:25-cv-00933
StatusUnknown

This text of Royal Banks of Missouri, a Missouri state-chartered bank, Richard L. Striler, as Receiver for Missionary Ventures, LLC, and Oblate Shrines and Renewal Centers, Inc., a Massachusetts not-for-profit corporation v. City of Belleville, Illinois (Royal Banks of Missouri, a Missouri state-chartered bank, Richard L. Striler, as Receiver for Missionary Ventures, LLC, and Oblate Shrines and Renewal Centers, Inc., a Massachusetts not-for-profit corporation v. City of Belleville, Illinois) is published on Counsel Stack Legal Research, covering District Court, S.D. Illinois primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Royal Banks of Missouri, a Missouri state-chartered bank, Richard L. Striler, as Receiver for Missionary Ventures, LLC, and Oblate Shrines and Renewal Centers, Inc., a Massachusetts not-for-profit corporation v. City of Belleville, Illinois, (S.D. Ill. 2025).

Opinion

UNITED STATES DISTRICT COURT FOR THE SOUTHERN DISTRICT OF ILLINOIS

ROYAL BANKS OF MISSOURI, a Missouri state-chartered bank, RICHARD L. STRILER, as Receiver for MISSIONARY VENTURES, LLC, and OBLATE SHRINES AND RENEWAL CENTERS, INC., a Massachusetts not-for-profit corporation, Case No. 25-cv-00933-JPG Plaintiffs,

v.

CITY OF BELLEVILLE, ILLINOIS

Defendant.

MEMORANDUM AND ORDER This case is before the Court on Defendant City of Belleville (“the City”)’s Motion to Dismiss (Doc. 14). Defendant asks the Court to dismiss all seven counts of Plaintiffs Royal Banks of Missouri (“Royal Banks”), Richard L. Striler as Receiver of Missionary Ventures (“the Receiver”), and Oblate Shrines and Renewal Centers (“Oblate Shrines”)’s complaint for failure to state a claim. Plaintiffs filed a response (Doc. 17), and Defendant filed a reply (Doc. 19). I. BACKGROUND Plaintiffs allege the following facts in their Complaint (Doc. 1). On December 16, 2014, Missionary Ventures (“Missionary”) (as Tenant) entered into a Ground Lease with Oblate Shrines (as Landlord) concerning a 33-acre development in Belleville, Illinois (“the Property”). The Property is also subject to a Redevelopment Agreement, dated September 8, 2015, between the City and Missionary. In preparation for the development of the Property, the City and Oblate Shrines entered into an Annexation Agreement dated March 1, 2015. Under the Annexation Agreement, the Property was annexed to the City for the purpose of constructing hotels, convenience stores, and restaurants subject to the Redevelopment Agreement. Pursuant to the Redevelopment Agreement, the City collected Incremental Property Tax Revenues and Business District Sales Tax Revenues (“the Tax Incentives”). The funds for the Tax Incentives came primarily from loan proceeds and advances by Royal Banks including its

payment of real estate taxes and advances to the Receiver to operate the Hofbräuhaus Restaurant. The City is merely a repository for the Tax Incentives and is obligated to reimburse Missionary for Redevelopment Project Costs from “Pledged Revenues,” which include Missionary’s share of the Tax Incentives. The Redevelopment Agreement expressly provides for periodic reimbursement of Project Costs to Missionary. The estimated total Redevelopment Project Costs were $32,365,000. After the City and Missionary executed the Redevelopment Agreement, Missionary undertook development of the Property, and Royal Banks approved loans totaling over $20 million to finance the development. In addition, Missionary constructed the Hofbräuhaus Restaurant that was actively operated by Missionary and the Receiver from April 2019 to

February 2023. The City received substantial property tax and sales tax revenues from the development of the Property and the operation of the Hofbräuhaus Restaurant. As of November 2024, the City is holding at least $748,100.03 in Tax Incentives. On October 27, 2017, Missionary and Royal Banks entered into an Assignment of Redevelopment Agreement. In the contract, Missionary assigned its rights and interests in the Redevelopment Agreement to Royal Banks as collateral for its loan. On December 6, 2019, the St. Louis County Circuit Court entered an Order Appointing Receiver, which was later amended on January 27, 2021, appointing William Guy Crouch as the general Receiver over Missionary

2 and the other borrowers, and as a limited Receiver over the Collateral. On March 9, 2023, an Order substituting Richard L. Striler as Receiver was entered by the St. Louis County Circuit Court. On June 24, 2022, Royal Banks and the Receiver submitted to the City the documents

necessary to obtain the disbursement of the Tax Incentives, including a Certificate of Reimbursable Redevelopment Project Costs and a Certificate of Substantial Completion (“the First Disbursement Request”). In a letter dated October 6, 2022, the City denied the Developer’s Certificates and refused to disburse any of the Tax Incentives, alleging that Missionary failed to construct improvements on the Property in accordance with timelines in the Developer’s Proposal. Royal Banks and the Receiver sent another request on May 14, 2024, that included the necessary documents (“the Second Disbursement Request”). The City again denied the request and refused to disburse the Tax Incentives, citing the failure of Missionary to construct improvements in accordance with timelines in the Developer’s Proposal. The City did not provide Missionary, the Receiver, or Royal Banks any notice of default

with respect to its allegation that Missionary failed to construct improvements on the Property in accordance with timelines as required by the Redevelopment Agreement. In addition, it did not give Missionary, the Receiver, or Royal Banks an opportunity to cure or remedy any alleged default, and did not institute proceedings as may be necessary or desirable to cure or remedy such default. Plaintiffs were unaware of the City’s argument that there was an alleged default with respect to the Redevelopment Agreement until the City made the argument in its response to the First Disbursement Request. On June 14, 2024, Royal Banks and the Receiver sent a letter that formally notified the City of its default and breach of the Redevelopment Agreement (“the

3 Notice of Default”). The City never responded to the Notice of Default and did not cure or remedy the default. Subsequently, on July 23, 2024, Royal Banks and the Receiver filed a third-party complaint in the St. Clair County Circuit Court against the City to seek the release of the Tax

Incentives. The City filed a motion to dismiss the complaint. Shortly after, the Receiver filed a motion for turnover of estate property, seeking turnover of the Tax Incentives. On April 22, 2025, the state court judge entered an order granting the City’s motion to dismiss without prejudice and denying the turnover motion. In relevant part, she held that “the rights of the parties with respect to the subject funds must be determined based upon evidence adduced through discovery, and considering claims and defenses thereto, in a separate legal action not simply by a non-evidentiary, summary proceeding.” Less than a month later, on May 14, 2025, Royal Banks, the Receiver, and Oblate Shrines filed a complaint in this Court. The complaint alleges seven causes of action against the Defendant, including claims of breach of contract, specific performance, writ of mandamus, estoppel, deprivation of substantive due process under

42 U.S.C. § 1983, and deprivation of procedural due process under 42 U.S.C. § 1983. II. LEGAL STANDARD A. Rule 12(b)(6) Dismissal Standard: When reviewing a Rule 12(b)(6) motion to dismiss, the Court accepts as true all allegations in the complaint. Erickson v. Pardus, 551 U.S. 89, 94 (2007) (citing Bell Atl. Corp. v. Twombly, 550 U.S. 544, 555 (2007)). To avoid dismissal under Rule 12(b)(6) for failure to state a claim, a complaint must contain a “short and plain statement of the claim showing that the pleader is entitled to relief.” FED. R. CIV. P. 8(a)(2). This requirement is satisfied if the complaint

4 (1) describes the claim in sufficient detail to give the defendant fair notice of what the claim is and the grounds upon which it rests and (2) plausibly suggests that the plaintiff has a right to relief above a speculative level. Bell Atl. Corp., 550 U.S. at 555; EEOC. v.

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Royal Banks of Missouri, a Missouri state-chartered bank, Richard L. Striler, as Receiver for Missionary Ventures, LLC, and Oblate Shrines and Renewal Centers, Inc., a Massachusetts not-for-profit corporation v. City of Belleville, Illinois, Counsel Stack Legal Research, https://law.counselstack.com/opinion/royal-banks-of-missouri-a-missouri-state-chartered-bank-richard-l-ilsd-2025.