SF 2155

as introduced - 87th Legislature (2011 - 2012) Posted on 05/24/2012 03:45pm

A bill for an act
relating to taxation; modifying the use of local sales tax revenues for the city of
Clearwater; amending Laws 2008, chapter 366, article 7, section 19, subdivision
3, as amended.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

Section 1.

Laws 2008, chapter 366, article 7, section 19, subdivision 3, as amended by
Laws 2011, First Special Session chapter 7, article 4, section 8, is amended to read:

Subd. 3.

Use of revenues.

Notwithstanding Minnesota Statutes, section 297A.99,
subdivision 3, paragraph (b), the proceeds of the tax imposed under this section shall be
used to pay for the costs of improvements to the Sportsman Park/Ballfields, Riverside
Park, Lions Park/Pavilion, Cedar South Park also known as Eldorado Park, and Spring
Street Park; improvements to and extension of the River County bike trail; acquisition,
and construction, improvement, and development of regional parks, bicycle trails, park
land, open space, and of a pedestrian walkways, as described in the city improvement plan
adopted by the city council by resolution on December 12, 2006, and walkway over
Interstate 94 and State Highway 24; and the acquisition of land and construction of
buildings for a community and recreation center. The total amount of revenues from the
taxes in subdivisions 1 and 2 that may be used to fund these projects is $12,000,000
plus any associated bond costs.

EFFECTIVE DATE.

This section is effective the day after compliance by the
governing body of the city of Clearwater with Minnesota Statutes, section 645.021,
subdivisions 2 and 3.