MN SF4049

Waseca County authorized to impose a local sales and use tax of up to 0.375% (three-eighths of one percent), subject to voter approval at an election

Tax revenues must fund construction of a new judicial center, with project costs capped at $45,000,000 plus associated bonding costs and tax administration expenses

County may issue bonds up to $45,000,000 principal plus issuance costs; bonds are excluded from county debt limitations and do not require a separate bond election

Tax expires at the earlier of 30 years after first imposed or when sufficient revenue is collected to cover all project and bonding costs

Effective the day after Waseca County's governing body and chief clerical officer complete required local approval procedures