Hermantown may impose a local sales and use tax to fund recreational projects.
The bill modifies the Hermantown local sales tax authorization, allowing the city to impose a sales and use tax of one-half of one percent. The tax revenue will be used to pay for collecting and administering the tax and for specific projects: an addition to the Hermantown Hockey Arena, construction of the Hermantown-Proctor trail, and improvements to Fichtner Park. The issuance of bonds to finance these projects is not subject to certain state statutes. The tax is in addition to any other local sales and use tax.
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- Core Provisions
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- Legal Framework
- Critical Issues
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