City of La Crescent local sales and use tax imposition authorization
Introduction and first reading; Referred to
Summary
The bill lets the city of La Crescent impose, after voter approval, a local sales and use tax of up to a specified percentage. Revenue must first cover the cost of administering the tax and then be used to finance up to $4 million for renovating the regional ice arena, including a new ice system and rooftop solar. The city may also issue bonds to fund the project, with the tax serving as a repayment source.
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