Authorizes the City of Elk River to use local sales tax revenues for a new fire station.

The bill amends the authorization for the City of Elk River to impose a local sales tax. If approved by voters, the tax revenues can be used to finance up to $20 million, plus associated bonding costs, for constructing a new fire station. The bonds for this project can total up to $55 million, excluding the costs of issuing the bonds. The city can issue these bonds without a separate election and they are not subject to any debt limitations.

Authorizes the City of Elk River to use local sales tax revenues for a new fire station.

The bill amends the authorization for the City of Elk River to impose a local sales tax. If approved by voters, the tax revenues can be used to finance up to $20 million, plus associated bonding costs, for constructing a new fire station. The bonds for this project can total up to $55 million, excluding the costs of issuing the bonds. The city can issue these bonds without a separate election and they are not subject to any debt limitations.