MN SF3341

City of Ely may impose a sales and use tax of up to one percent upon voter approval, with tax administration governed by Minnesota Statutes section 297A.99.

Tax revenues must be used for collection costs and three categories of projects: Americans with Disabilities Act compliance improvements, energy efficiency improvements, and general city infrastructure maintenance and improvements.

City may issue bonds up to $15,000,000 to pay capital and administrative expenses for authorized projects without requiring an election, with bond debt excluded from city debt limitations and tax levies for bond payments exempt from levy limitations.

Tax authority expires at the earlier of 30 years or when the city determines sufficient revenues have been raised to finance projects and retire bonds, with any remaining funds transferable to the city general fund.

Effective date is the day after the City of Ely governing body and chief clerical officer comply with Minnesota Statutes section 645.021, subdivisions 2 and 3.