Bill > SF3709

This bill authorizes the city of Osseo to impose a local sales and use tax of one percent, provided it is approved by voters in an election as required by Minnesota law. The revenues generated from this tax are designated for specific projects within the city, including a $10 million community hub project at Boerboom Park, $3 million for city hall renovations, and $500,000 for improvements to Sipe Park. The bill also allows Osseo to issue bonds to finance these projects, with the bonds not counting towards the city's debt limits and not requiring a separate bond election. The tax is set to expire either 20 years after it's first imposed or when the city determines sufficient funds have been collected to cover project costs and any associated bond expenses, with any remaining funds going to the city's general fund.

Budget and Finance

https://www.revisor.mn.gov/bills/94/2026/0/SF/3709/