Modifies the local sales tax provision for the City of St. Peter, Minnesota.

This bill amends the local sales tax provision for the City of St. Peter, Minnesota. It removes the requirement for a separate election to approve bonds under Minnesota Statutes, section 475.58. The tax, which is one-half of one percent, is authorized for construction of a new fire station and Phase 2 of Gorman Park improvements. The tax expires at the earlier of 40 years after imposition or when sufficient funds are collected. The city may issue bonds to finance the projects, with the bonds not subject to certain debt limitations.

Modifies the local sales tax provision for the City of St. Peter, Minnesota.

This bill amends the local sales tax provision for the City of St. Peter, Minnesota. It removes the requirement for a separate election to approve bonds under Minnesota Statutes, section 475.58. The tax, which is one-half of one percent, is authorized for construction of a new fire station and Phase 2 of Gorman Park improvements. The tax expires at the earlier of 40 years after imposition or when sufficient funds are collected. The city may issue bonds to finance the projects, with the bonds not subject to certain debt limitations.