City of Northfield local sales and use tax imposition authorization

This bill authorizes the City of Northfield to impose a local sales and use tax of up to 0.5% with voter approval, which would directly affect residents and businesses in the city. The tax revenue must be used exclusively for three specific projects: $2.8 million for the Northfield Public Library, $2.8 million for the Community Resource Center, and $7.5 million for interconnected Riverfront Parks. The legislation also grants the city authority to issue up to $13.1 million in bonds to finance these projects, with the tax revenue serving as a source of repayment. The tax would expire after 20 years or once the projects are fully funded, whichever comes first, with any remaining funds going to the city's general fund.