HF 531

as introduced - 84th Legislature (2005 - 2006) Posted on 12/15/2009 12:00am

A bill for an act
relating to the city of Bemidji; authorizing the city
to impose a sales and use tax.

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

Section 1. new text begin CITY OF BEMIDJI; SALES AND USE TAX.
new text end

new text begin Subdivision 1. new text end

new text begin Sales and use tax authorized.
new text end

new text begin Notwithstanding Minnesota Statutes, section 477A.016, or any
other provision of law, ordinance, or city charter, pursuant to
the approval of the city voters at the general election held on
November 5, 2002, the city of Bemidji may impose by ordinance a
sales and use tax of one-half of one percent for the purposes
specified in subdivision 2. The provisions of Minnesota
Statutes, section 297A.99, govern the imposition,
administration, collection, and enforcement of the tax
authorized under this subdivision.
new text end

new text begin Subd. 2. new text end

new text begin Use of revenues. new text end

new text begin Revenues received from the tax
authorized by subdivision 1 must be used for the cost of
collecting and administering the tax and to pay all or part of
the capital or administrative costs of the acquisition,
construction, improvement, and development of parks and trails
within the city, as provided for in the city of Bemidji's parks,
open space, and trail system plan, adopted by the Bemidji city
council on November 21, 2001. Authorized expenses include, but
are not limited to, acquiring property, paying construction
expenses related to the development of these facilities and
improvements, and securing and paying debt service on bonds or
other obligations issued to finance acquisition, construction,
improvement, or development of parks and trails within the city
of Bemidji.
new text end

new text begin Subd. 3. new text end

new text begin Bonds. new text end

new text begin Pursuant to the approval of the city
voters at the general election held on November 5, 2002, the
city of Bemidji may issue without additional election general
obligation bonds of the city in an amount not to exceed
$9,826,000 to pay capital and administrative expenses for the
acquisition, construction, improvement, and development of parks
and trails as specified in subdivision 2. The debt represented
by the bonds must not be included in computing any debt
limitations applicable to the city, and the levy of taxes
required by Minnesota Statutes, section 475.61, to pay the
principal of any interest on the bonds must not be subject to
any levy limitations or be included in computing or applying any
levy limitation applicable to the city.
new text end

new text begin Subd. 4. new text end

new text begin Termination of tax. new text end

new text begin The tax imposed under
subdivision 1 expires when the Bemidji City Council determines
that the amount described in subdivision 3 has been received
from the tax to finance the capital and administrative costs for
acquisition, construction, improvement, and development of parks
and trails and to repay or retire at maturity the principal,
interest, and premium due on any bonds issued for the park and
trail improvements under subdivision 3. Any funds remaining
after completion of the park and trail improvements and
retirement or redemption of the bonds may be placed in the
general fund of the city. The tax imposed under subdivision 1
may expire at an earlier time if the city so determines by
ordinance.
new text end

new text begin EFFECTIVE DATE. new text end

new text begin This section is effective the day after
compliance by the governing body of the city of Bemidji with
Minnesota Statutes, section 645.021, subdivision 3.
new text end