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S.F. No. 1254 - East Grand Forks local sales tax authorization
 
Author: Senator Mark Johnson
 
Prepared By: Nora Pollock, Senate Counsel (651/297-8066)
 
Date: March 14, 2017



 

This bill authorizes the city of East Grand Forks to impose up to a one percent sales tax to finance improvements to the city swimming pool. The voters already approved the tax at a March 7, 2016, special election. Allows the city to bond for up to $2,820,000 for the project without additional approval. The tax expires at the later of (1) five years or (2) when revenues from the tax are sufficient to pay for the $2,820,000 in improvements plus associated bond costs.

Effective the day after the city files its approval with the Secretary of State.

 
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