Introduction and first reading, referred to Taxes
Summary
The bill lets the city of Virginia, Minnesota, impose a sales and use tax of up to one percent, subject to voter approval, to pay for renovating the Miner's Memorial recreation complex and for a range of projects tied to converting the city’s steam system. It also authorizes the city to issue up to $30 million in bonds to finance those projects, with the tax expiring on Dec. 31, 2055 or when the $30 million target is met. The measure is currently introduced and awaiting further legislative action.
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