City of Rochester amends approved uses of local sales tax funds collected

This bill modifies how the City of Rochester can use local sales tax revenue, directing specific amounts toward economic development, street reconstruction, flood control, and a sports complex. It sets aside $50 million for an economic vitality fund, $50 million for street repairs, $40 million for flood control and water quality, and $65 million for a sports and recreation facility, with a deadline of June 30, 2026, for collecting funds for the sports complex. The legislation also adjusts the city's bonding authority to $140 million for these projects and allows the sales tax to be extended through 2049 if approved by voters, provided any extra revenue is used for public infrastructure.