File #: 23-0745R    Name:
Type: Resolution Status: Passed
File created: 9/15/2023 In control: Recreation, Libraries and Authorities
On agenda: 9/25/2023 Final action: 9/25/2023
Title: RESOLUTION ACCEPTING SPECIAL LAWS EXTENDING THE EXISTING ONE-HALF OF ONE PERCENT INCREMENT IN THE CITY OF DULUTH FOOD AND BEVERAGE TAX AND THE CITY OF DULUTH LODGING TAX AND AUTHORIZING THE REVENUES TO BE SPENT ON CAPITAL IMPROVEMENTS TO PARKS-BASED PUBLIC ATHLETIC FACILITIES.
Title
RESOLUTION ACCEPTING SPECIAL LAWS EXTENDING THE EXISTING ONE-HALF OF ONE PERCENT INCREMENT IN THE CITY OF DULUTH FOOD AND BEVERAGE TAX AND THE CITY OF DULUTH LODGING TAX AND AUTHORIZING THE REVENUES TO BE SPENT ON CAPITAL IMPROVEMENTS TO PARKS-BASED PUBLIC ATHLETIC FACILITIES.

Body
CITY PROPOSAL:
RESOLVED, that the city council accepts Laws 2023, Chapter 64, Article 11, Section 1 amending Laws 1980, chapter 511, section 1, subdivision 2, as amended by Laws 1991, chapter 291, article 8, section 22, Laws 1998, chapter 389, article 8, section 25, Laws 2003, First Special Session chapter 21, article 8, section 11, Laws 2008, chapter 154, article 5, section 2, Laws 2014, chapter 308, article 3, section 21, and Laws 2017, First Special Session chapter 1, article 5, section 1, authorizing the extension of the existing one-half of one percent increment in the city of Duluth food and beverage tax for the purpose of funding the debt service on bonds in the principal amount of no more than $36 million, in addition to the previously authorized $18,000,000 for a total not to exceed $54,000,000, plus issuance and discount costs, to finance capital improvements to parks-based public athletic facilities to support sports tourism.
RESOLVED, that the city council accepts Laws 2023, Chapter 64, Article 11, Section 2 amending Laws 1980, chapter 511, section 2, as amended by Laws 1998, chapter 389, article 8, section 26, Laws 2003, First Special Session chapter 21, article 8, section 12, Laws 2014, chapter 308, article 3, section 22, and Laws 2017, First Special Session chapter 1, article 5, section 2, authorizing the extension of the existing one-half of one percent increment in the city of Duluth lodging tax for the purpose of funding the debt service on bonds in the principal amount of no more than $36 million, in addition to the previously authorized $18,000,000 for a total not to exceed $54,000,000, plus issuance and discount costs, to finance capital improvements to...

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