HomeMy WebLinkAbout2024-080 (Referendum Question on the November 5, 2024 Ballot to Impose a Local Option Sales Tax for the Betterment of the Riverfront Improvement Project)City of Stillwater
Washington County, Minnesota
RESOLUTION 2024-080
RESOLUTION APPROVING REFERENDUM QUESTION ON THE NOVEMBER 5, 2024
BALLOT TO IMPOSE A LOCAL OPTION SALES TAX FOR THE BETTERMENT OF THE
RIVERFRONT IMPROVEMENT PROJECT
WHEREAS, the Minnesota Legislature authorized the City of Stillwater to pursue
a Local Option Sale Tax in 2023 Minnesota Session Laws, Chapter 64, Article 10, Sec.
48 for the Riverfront Improvement Project ("Project"); and
WHEREAS, if approved, the sales and use tax revenue will be used to improve
the St. Croix Riverfront, including Lumberjack Landing Park and Bridgeview Park; and
WHEREAS, the City has proposed that a sales and use tax of up to one-half of
one percent (0.5%) be imposed to pay the costs of collecting the tax and to pay all or
part of the costs of the Project, up to $6,200,000 or 10 years, whichever comes first.
NOW THEREFORE BE IT RESOLVED, the City Council of the City of Stillwater,
County of Washington, State of Minnesota, that the City will add the following referendum
question to the November 5, 2024 general election ballot:
"Shall the City of Stillwater be authorized to impose -a one -half -of -one percent
(0.5%) general local sales and use tax for a period of up to 10 years or until
$6,200,000, plus an amount equal to interest and the costs of issuance of any
bonds is raised? By voting yes, this tax will pay for a portion of the construction,
renovation, and improvements to the St. Croix Riverfront Improvement Project
in Stillwater, including the new Lumberjack Landing Park, which includes a
renovation of the Aiple House into a multi -use park building, increased parking
and shoreline stabilization; improvements to Bridgeview Park; these riverfront
improvements provide more public access, amenities, public gathering and
open space to ensure the River's scenic views can be responsibly used and
preserved for generations."
Adopted by the Stillwater City Council this 2nd day of July, 2024,
CITY OF STILLWATER
Ted Kozlowski, Mayor
ATTEST:
�649*�
Beth Wolf, City Cl r