Minnetonka authorized to impose a local sales and use tax for public projects.

The bill authorizes the city of Minnetonka to impose a local sales and use tax, subject to voter approval. The tax revenue will fund specific projects, including new fire stations, trail segments, health center renovations, and a community park. The tax can be terminated early if the city council decides the collected amount is sufficient for the projects. The tax is not subject to certain debt limitations and can be used to pay bond issuance costs.

Minnetonka authorized to impose a local sales and use tax for public projects.

The bill authorizes the city of Minnetonka to impose a local sales and use tax, subject to voter approval. The tax revenue will fund specific projects, including new fire stations, trail segments, health center renovations, and a community park. The tax can be terminated early if the city council decides the collected amount is sufficient for the projects. The tax is not subject to certain debt limitations and can be used to pay bond issuance costs.