Bill > HF511

This bill authorizes the city of Plymouth, Minnesota, to impose a local sales and use tax of up to 0.5% after receiving voter approval. The tax must be approved by resolution by June 30, 2025, and will be used to fund three specific infrastructure projects: a $45 million improvement to the Plymouth Ice Center and adjacent City Center parking ramp, a $40 million upgrade to the Plymouth Community Center including a new fieldhouse, and a $35 million investment in regional sports complexes. The city is permitted to issue up to $120 million in bonds to finance these projects, with the bonds not subject to standard debt limitations and not requiring a separate election for approval. The sales and use tax will automatically expire either 20 years after first being imposed or when the city determines it has collected sufficient funds to complete the approved projects and pay related bond costs. The tax revenue will first cover collection and administrative expenses, with any remaining funds potentially being placed in the city's general fund if the tax terminates early. The bill becomes effective after the city complies with standard municipal procedures for enacting such legislation.

Budget and Finance

https://www.revisor.mn.gov/bills/bill.php?b=House&f=HF0511&ssn=0&y=2025