MN SF2907

City of St. Joseph may impose a 0.5% local sales and use tax upon voter approval, governed by Minnesota Statutes section 297A.99.

Tax revenues must fund four specific projects: $15,500,000 for a public safety and equipment facility, $11,000,000 for a community center, $5,000,000 for regional trail connections, and $6,000,000 for a boardwalk and nature trail in East Park.

City may issue bonds up to the project amounts plus costs of issuance, with bonds exempt from debt limitations and levy restrictions, and no separate election required for bond approval.

Tax expires at the earlier of 20 years from implementation or when sufficient revenue is collected to pay project costs and bond obligations, with any remaining funds placed in the city's general fund.

Becomes effective upon compliance by St. Joseph's governing body and chief clerical officer with Minnesota Statutes section 645.021.