SF 3171

Introduction - 80th Legislature (1997 - 1998)

Posted on 12/15/2009 12:00 a.m.

  1.1                          A bill for an act
  1.2             relating to financing of capital improvements; 
  1.3             authorizing spending to acquire and to better public 
  1.4             land and buildings and other public improvements of a 
  1.5             capital nature; to finance operating deficits should 
  1.6             they occur; authorizing local option taxes for the 
  1.7             purpose of funding the Central Minnesota Events Center 
  1.8             and related uses; authorizing issuance of bonds; 
  1.9             appropriating money.  
  1.10  BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA: 
  1.11     Section 1.  [LOCAL OPTION TAXES.] 
  1.12     Subdivision 1.  [SALES AND USE TAX AUTHORIZED.] The cities 
  1.13  of St. Cloud, Sauk Rapids, Sartell, Waite Park, and St. Joseph 
  1.14  may, by ordinance, impose, for the purposes specified in 
  1.15  subdivision 3, a sales and use tax of up to one percent.  The 
  1.16  cities of St. Cloud, Sauk Rapids, Sartell, Waite Park, and St. 
  1.17  Joseph may, by ordinance, impose, for the purposes specified in 
  1.18  subdivision 3 an additional sales and use tax of up to one 
  1.19  percent on the furnishing, preparing, or serving for a 
  1.20  consideration of food, meals, or drinks and the furnishing for a 
  1.21  consideration of lodging and related services by a hotel, 
  1.22  rooming house, tourist court, motel, or trailer camp and of the 
  1.23  granting of any similar license to use real property other than 
  1.24  the renting or leasing thereof for a continuous period of 30 
  1.25  days or more.  The provisions of Minnesota Statutes, section 
  1.26  297A.48, govern the imposition, administration, collection, and 
  1.27  enforcement of the taxes authorized under the subdivision. 
  2.1      Subd. 2.  [EXCISE TAX AUTHORIZATION.] Notwithstanding 
  2.2   Minnesota Statutes, section 477A.016, or any other contrary 
  2.3   provision of law, ordinance, or city charter, the cities 
  2.4   identified in subdivision 1 may by ordinance, impose, for the 
  2.5   purpose specified in subdivision 3, an excise tax of up to $20 
  2.6   per motor vehicle, as defined by ordinance, purchased or 
  2.7   acquired from any person engaged within the city in the business 
  2.8   of selling motor vehicles at retail. 
  2.9      Subd. 3.  [USE OF REVENUES.] Revenues received from the 
  2.10  taxes authorized by subdivisions 1 and 2 must be used to pay the 
  2.11  cost of collecting the taxes, to pay all or a part of the 
  2.12  capital or administrative cost of the acquisition, construction, 
  2.13  and improvement of the Central Minnesota Events Center and 
  2.14  related on and off site improvements, securing or paying debt 
  2.15  service on bonds issued for the project under subdivision 4, and 
  2.16  in the first five years an operating deficit, if any exist.  All 
  2.17  revenue collected in excess of the amount needed to pay debt 
  2.18  service on the Central Minnesota Events Center may be used by 
  2.19  the taxing jurisdiction for the acquisition and improvement of 
  2.20  park land and open space, the purchase, renovation and/or 
  2.21  construction of public buildings and land primarily used for the 
  2.22  arts, libraries, and community centers.  In addition, excess 
  2.23  revenues may be utilized for the debt service payment on any 
  2.24  bonds issued for activities authorized in this subdivision. 
  2.25     Subd. 4.  [BONDS.] The cities named in subdivision 1 may 
  2.26  issue bonds of each city in an aggregate amount to pay capital 
  2.27  and administrative expenses for the acquisition, construction, 
  2.28  and improvement of the Central Minnesota Events Center.  The 
  2.29  debt represented by the bonds must not be included in computing 
  2.30  any debt limitation applicable to the cities, and the levy of 
  2.31  taxes required by Minnesota Statutes, section 475.61, to pay the 
  2.32  principal of and interest on the bonds must not be subject to 
  2.33  any levy limitation or be included in computing or applying any 
  2.34  levy limitation applicable to the cities. 
  2.35     Subd. 5.  [TERMINATION OF TAXES.] The tax imposed under 
  2.36  subdivisions 1 and 2 expires when the councils of the cities 
  3.1   identified in subdivision 1 determine that sufficient funds have 
  3.2   been received from the tax to finance the initial capital and 
  3.3   administrative cost of the acquisition, construction, and 
  3.4   improvement of the Central Minnesota Events Center and to prepay 
  3.5   or retire at maturity the principal, interest, and premium due 
  3.6   on the original bonds issued for the project under subdivision 
  3.7   4.  Any funds remaining after completion of the project and 
  3.8   retirement or redemption of the bonds may be placed in the 
  3.9   general fund of the respective cities.  The tax imposed under 
  3.10  subdivisions 1 and 2 may expire at an earlier time if the city 
  3.11  so determines by ordinance.  
  3.12     Subd. 6.  [REFERENDUM.] If the governing body of any of the 
  3.13  cities listed in subdivision 1 intends to impose a tax as 
  3.14  authorized by subdivision 1 or 2, it shall conduct a referendum 
  3.15  on the issue.  The question of imposition of the tax must be 
  3.16  submitted to the voters at a special or general election, and 
  3.17  the tax may not be imposed unless a majority of votes cast on 
  3.18  the question are in the affirmative.  The commissioner of 
  3.19  revenue shall prepare a suggested form of question to be 
  3.20  presented at the election.  
  3.21     Sec. 2.  [APPROPRIATION.] 
  3.22     $....... is appropriated from the bond proceeds fund to the 
  3.23  Amateur Sports Commission to design, construct, furnish, and 
  3.24  equip the Central Minnesota Events Center, subject to the 
  3.25  requirements of Minnesota Statutes, section 16A.695.  
  3.26     This appropriation is not available if the site selected 
  3.27  for the Central Minnesota Events Center is within one-half mile 
  3.28  of the Mississippi River.  
  3.29     This appropriation is not available until the commission 
  3.30  has determined that at least $25,000,000 has been committed from 
  3.31  nonstate sources for construction of the center. 
  3.32     Sec. 3.  [BOND SALE.] 
  3.33     To provide the money appropriated in section 2 from the 
  3.34  bond proceeds fund, the commissioner of finance, on request of 
  3.35  the governor, shall sell and issue bonds of the state in an 
  3.36  amount up to $....... in the manner, on the terms, and with the 
  4.1   effect prescribed by Minnesota Statutes, sections 16A.631 to 
  4.2   16A.675, and by the Minnesota Constitution, article XI, sections 
  4.3   4 to 7. 
  4.4      Sec. 4.  [EFFECTIVE DATE.] 
  4.5      Section 1 is effective August 1, 1998, with respect to any 
  4.6   city listed in subdivision 1 upon compliance of the governing 
  4.7   body of that city with Minnesota Statutes, section 645.021, 
  4.8   subdivision 3.  
  4.9      Sections 2 and 3 are effective the day following final 
  4.10  enactment.