MN SF2312

City of Henderson may impose a 0.5 percent local sales and use tax if approved by voters at a general election, governed by Minnesota Statutes section 297A.99.

Tax revenues must be used to pay collection and administration costs, and finance up to $250,000 for the Allanson's Park Campground and Trail project, including improvements to trails, campground facilities, utilities, handicap access, and linkages to local trails.

City may issue bonds up to $250,000 to finance project costs, with bonds not subject to debt limitations and not requiring a separate election to approve.

Tax expires at the earlier of 15 years after first imposition or when the city council determines sufficient funds have been collected for authorized project costs and bond obligations.

Remaining funds after tax termination shall be placed in the city's general fund, though the city may expire the tax earlier by ordinance.