2010-08-03_PR Comm Packet - Laserfiche WebLink

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of the Highway 10 realignment. The taxes expire when the city determines sufficient revenues have been raised to fund the projects listed, including any associated bond costs. The city of Marshall is allowed to impose a 1.5 percent local lodging tax without a referendum within a city --defined tax district, and a 1.5 percent food and beverage tax in the city provided it is approved at a general or special election within two years. Revenues from the taxes must be, used for operating costs of the Minnesota Emergency Response and Industry Training Center and the Southwest Minnesota Regional Amateur Sports Center. The taxes expire at the earlier of (1) o years after the tax is first imposed, or 2 when revenues are sufficient to meet the capital operating and administrative costs of the facilities. 1n addition, for the city of Proctor, the $3.6 million limit on street and community center capital expenditures -to be funded from its existing sales tax was raised to $10 pillion and the city of Rochester is allowed to issue up to $43.5 million in general obligation bonds to pay for the Mayo Civic Center Complex project to be fnded by that city's lodging tax and food and beverage tax. Finally, in earlier legislation the city of loomington''s charter of a special taxing authority was amended to lift the restriction conceming the amount of sales tax the authority may impose so that it may be lens than one half of one percent. Thank you for contacting me. Sincerely,