MN SF3788

Authorizes Isanti County to impose a local sales and use tax of 0.25% (one-quarter of one percent) if approved by voters at an election

Tax revenues must fund construction of a new county highway department facility, with financing capped at $25,000,000 plus bond issuance costs

Permits the county to issue bonds up to $25,000,000 under Minnesota Statutes chapter 475; bonds are excluded from county debt limitations and do not require a separate voter approval election

Tax expires at the earlier of 25 years after first imposed or when $25,000,000 plus bond-related costs have been collected; the county may terminate the tax earlier by ordinance

Effective upon compliance by Isanti County's governing body and chief clerical officer with state publication requirements