Minnesota HF4663 authorizes Glencoe to impose a local sales tax for park and trail improvements.

Minnesota HF4663 allows the city of Glencoe to impose a local sales tax of up to one-half of one percent. The tax revenue will fund projects including maintenance, upgrades, and improvements to Oak Leaf Park, Lincoln Park, Glenn Knoll Park, Railroad Depot Park, and the city trail network. The tax can be used to finance the projects directly or through bonds, with the bonds not subject to certain debt limitations. The tax will terminate after 15 years or when sufficient funds are collected, whichever comes first.

Minnesota HF4663 authorizes Glencoe to impose a local sales tax for park and trail improvements.

Minnesota HF4663 allows the city of Glencoe to impose a local sales tax of up to one-half of one percent. The tax revenue will fund projects including maintenance, upgrades, and improvements to Oak Leaf Park, Lincoln Park, Glenn Knoll Park, Railroad Depot Park, and the city trail network. The tax can be used to finance the projects directly or through bonds, with the bonds not subject to certain debt limitations. The tax will terminate after 15 years or when sufficient funds are collected, whichever comes first.