Authorizes La Crescent to impose a local sales and use tax for ice arena upgrades and bond issuance.
The bill allows the city of La Crescent to impose a local sales and use tax to fund upgrades to the regional ice arena, including a new ice system and a rooftop solar energy system. The tax can also finance the costs of issuing bonds for these projects. The tax can be terminated early if the city council decides it is no longer needed. Any remaining funds after project completion must be placed in the city's general fund.
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- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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