Lanesboro authorized to impose a local sales tax.

This bill authorizes the city of Lanesboro to impose a local sales and use tax of up to 0.5 percent, subject to approval by city voters. The tax revenue must be used to fund specific projects, including $500,000 for improvements to Sylvan Park and $2,000,000 for road improvements on Trunk Highway 250. The legislation also allows the city to issue up to $2.5 million in bonds to finance these projects, with the tax revenue securing the bond payments. The tax would expire after 30 years or once the projects are fully funded, whichever comes first.