MN SF1382

Authorizes the city of Marshall to impose a local sales and use tax of up to one-half of one percent, subject to voter approval at a general election within two years of enactment, with two separate ballot questions for two facility projects.

Dedicates initial tax revenues to pay costs of the Minnesota Emergency Response and Industry Training Center and Southwest Minnesota Regional Amateur Sports Center, including property acquisition, design, construction, and debt service on up to $17,290,000 in authorized bonds.

Permits extension of the tax for an additional one-half of one percent after the first bonds are paid off, subject to voter approval at an election on November 7, 2023, to fund construction of a new municipal aquatic center with a project cost of $18,370,000 plus bonding costs.

Allows the city to issue up to $18,370,000 in bonds for the aquatic center project, exempt from debt limitations and levy limitations, without requiring a separate election to approve the bonds.

Sets tax expiration dates of 15 years for the initial tax and 35 years for the extension, or earlier if revenues received equal authorized costs plus bonding expenses.