MN SF3262

City of Cloquet may impose a sales and use tax of up to 0.5% upon voter approval, governed by Minnesota Statutes section 297A.99.

City may impose an excise tax of up to $20 per motor vehicle purchased or acquired from retail motor vehicle dealers within the city.

Tax revenues must fund park improvements (St. Louis River riverfront, Veteran's Park, Hilltop Park soccer complex, Braun Park baseball complex, pedestrian trails), Highway 33/Interstate 35 development and utilities, infrastructure improvements (storm/sanitary sewer and water), Cloquet Area Recreation Center debt, and public safety and library operational expenses.

City may issue up to $16,500,000 in bonds to pay capital and administrative expenses for authorized improvements without voter approval and without these bonds counting toward city debt limitations.

Taxes expire after 30 years or when revenues equal $16,500,000 plus bond-related costs, whichever comes first, or earlier if the city council determines by ordinance.