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S.F. No. 194 - Walker local option sales tax authorization
 
Author: Senator Justin D. Eichorn
 
Prepared By: Nora Pollock, Senate Counsel (651/297-8066)
 
Date: March 15, 2017



 

This bill authorizes the city of Walker to impose a one and one-half percent sales tax to finance capital and administrative costs of underground, utility, street, curb, gutter, and sidewalk improvements in the city. The voters already approved the tax at the November 2012 general election. Allows the city to bond for up to $20 million for the projects without additional approval. The tax expires at the earlier of 20 years after the date of initial imposition or when the city council determines revenues from the tax are sufficient to pay for the improvements plus associated bond costs.

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

 
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