Champlin authorized to impose local sales tax for new indoor athletic facility.

The bill authorizes the city of Champlin to impose a local sales tax of up to one-half of one percent, if approved by voters, to finance the construction of a new indoor athletic facility. The tax can be used to cover project costs and associated bonding costs, up to $18,000,000. The tax expires 30 years after imposition or when sufficient funds are collected, whichever comes first. The tax revenue must also cover the costs of collecting and administering the tax.

Champlin authorized to impose local sales tax for new indoor athletic facility.

The bill authorizes the city of Champlin to impose a local sales tax of up to one-half of one percent, if approved by voters, to finance the construction of a new indoor athletic facility. The tax can be used to cover project costs and associated bonding costs, up to $18,000,000. The tax expires 30 years after imposition or when sufficient funds are collected, whichever comes first. The tax revenue must also cover the costs of collecting and administering the tax.