Audubon, Minnesota, is authorized to impose a local sales and use tax to fund a Fire Hall Project.
The bill allows the city of Audubon to impose a local sales and use tax of 0.5% to finance the Fire Hall Project, up to $3,000,000 plus associated bonding costs. The tax revenue will cover collection and administration costs and the project costs. The city can issue bonds to finance the project, with the bonds not subject to certain debt limitations. The tax expires 20 years after imposition or earlier if the city determines the funds are sufficient, with any remaining funds placed in the city's general fund.
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