MN SF2275

City of Duluth may impose an additional one-half of one percent sales tax on goods and services, expiring once revenues with existing taxes pay debt service on bonds up to $54,000,000 for capital improvements to tourism and recreational facilities west of 14th Avenue West and south of Skyline Parkway, plus parks-based public athletic facilities supporting sports tourism.

City of Duluth may impose an additional one-half of one percent tax on hotel and motel lodging receipts (stays under 30 days), expiring once revenues with existing taxes pay debt service on bonds up to $54,000,000 for the same capital improvement purposes.

City of Duluth may issue up to $18,000,000 in general obligation bonds plus issuance costs to finance the capital improvements described, with revenues from the new sales and lodging taxes pledged to pay principal and interest.

Both new taxes are exempt from voter referendum requirements under state law or city charter provisions.

Provisions become effective upon compliance with Minnesota Statutes section 645.021 by the city of Duluth's governing body and chief clerical officer.