City of Minnetonka local sales and use tax imposition authorization

SF 3694 authorizes the City of Minnetonka to impose a local 0.5% sales and use tax, subject to voter approval, to fund specific public projects. The revenue must be used exclusively for: new fire stations (Fire Station 2 and 3), trail construction, renovations to The Marsh health center, and a community park. The city may also issue bonds up to $116.1 million to finance these projects, with repayment secured by the tax revenue. This tax would expire after 30 years or once project costs are fully covered, whichever comes first.