MN SF4116

Authorizes the city of Litchfield to impose a local sales and use tax of one-half of one percent upon voter approval at a general election.

Tax revenues must be used to pay collection and administration costs and fund up to $10,000,000 for constructing a community wellness/recreation center including a gymnasium, fitness spaces, walking section, community room, and support facilities.

Authorizes the city to issue bonds up to $10,000,000 plus issuance costs to finance the facility, with bonds exempt from debt limitations and levy limitations under Minnesota law.

Tax expires at the earlier of 20 years after implementation or when the city council determines sufficient revenue has been collected to pay project costs and bond-related expenses.

Becomes effective the day after the city of Litchfield's governing body and chief clerical officer comply with Minnesota Statutes section 645.021, subdivisions 2 and 3.