St. Peter local sales tax modified.

This bill modifies the local sales tax for the city of St. Peter, allowing it to collect a 0.5% tax on purchases to fund specific municipal projects. The updated tax revenue will be used to pay for a new fire station, park improvements, and any debt service on bonds issued to finance these construction costs. Additionally, the bill increases the maximum amount of bonds the city can issue from $9.121 million to $11.85 million and sets a 40-year expiration date for the tax unless the projects are completed sooner. These changes require approval from the city's governing body and are effective once the city complies with state administrative procedures.