Loading...
23-069 (08-15) Aprove Ballot Language for Referendum on Local Sales TaxRESOLUTION NO. 23-069 RESOLUTION APPROVING LOCAL SALES TAX QUESTIONS AND AUTHORIZING AN ELECTION THEREON DURING THE 2023 GENERAL ELECTION WHEREAS, Minnesota Statutes, Section 297A.99 (the “Local Tax Act”), provides the City of Golden Valley (the “City”) with authority to impose a local sales tax if that tax is approved by a legislative special law and by the voters at a general election; and WHEREAS, the State Legislature approved the local sales tax pursuant to 2023 Minn. Laws, Ch. 64, Art. 10, Sec. 37. NOW, THEREFORE, BE IT RESOLVED, by the Golden Valley City Council that: 1. To facilitate strategic investment in the region and community, the City proposes to submit to electors the proposal of imposing a local sales and use tax of one and one- quarter percent (1.25%) (the “Sales Tax”) on items that are taxable by the State in or der to raise revenues to fund the relocation and reconstruction of a new Public Works facility and construction of a new Public Safety facility on the current Public Works site . 2. The proposal of imposing the Sales Tax shall be submitted to the qualified electors of the City as three separate ballot questions at the November 7, 2023 General Election. 3. The Sales Tax described herein is approved, subject to voter consent. The Sales Tax will be used exclusively to fund the capital improvements identified in Section 1. 4. If any or all of the questions are approved by a majority of voters, the City of Golden Valley is only authorized to impose a single one and one-quarter percent (1.25%) sales and use tax increase. The Sales Tax may only be imposed for the lesser of 30 years, or until enough sales tax revenue has been raised to pay for the costs of the approved projects plus the cost of issuance of any bonds, including interest , in the amount of: a. $15,000,000 for the purchase of land for a new public works facility; b. $45,000,000 for construction of a new public works facility; c. $45,000,000 for construction of a new public safety facility. 5. The City Clerk is hereby directed by the City Council to follow the notification and election procedures applicable to placing the three local sales tax questions on the ballot for the 2023 General Election in order to seek the approval of the proposed sales tax by the voters of the City. 6. The City Clerk is hereby directed to notify the County Auditor of the ballot questions by the deadline outlined in Minnesota Statutes, Section 205.16, Subdivision 4, and submit the title and questions for inclusion on the November 7, 2023 General Election Ballot in substantially the following form: City Question 1 Sales and Use Tax to Buy Land for Public Works Shall the City of Golden Valley be authorized to impose a sales and use tax of one and one - quarter percent (1.25%) for up to 30 years or until $15,000,000 plus an amount equal to interest and the costs of the issuance of any bonds is raised to buy land for new public works buildings? DocuSign Envelope ID: D6C9F21D-94C9-43FA-AC72-6A67DB38F511 Public Works includes park, street, vehicle, and utilities maintenance. The total sales and use tax approved by voters at this election to finance this project and any other proje ct will not exceed one and one-quarter percent (1.25%). The tax may only be imposed for the lesser of 30 years, or until enough sales tax revenue has been raised to pay for the costs of the approved projects. City Question 2 Sales and Use Tax for New Public Works Buildings Shall the City of Golden Valley be authorized to impose a sales and use tax of one and one - quarter percent (1.25%) for up to 30 years or until $45,000,000 plus an amount equal to interest and the costs of the issuance of any bonds is raised to build new public works buildings? Public Works includes park, street, vehicle, and utilities maintenance. The total sales and use tax approved by voters at this election to finance this project and any other project will not exceed one and one-quarter percent (1.25%). The tax may only be imposed for the lesser of 30 years, or until enough sales tax revenue has been raised to pay for the costs of the approved projects. City Question 3 Sales and Use Tax for New Police and Fire Headquarters Shall the City of Golden Valley be authorized to impose a sales and use tax of one and one - quarter percent (1.25%) for up to 30 years or until $45,000,000 plus an amount equal to interest and the costs of the issuance of any bonds is raised to build a new Police and Fire Headquarters? The total sales and use tax approved by voters at this election to finance this project and any other project will not exceed one and one-quarter percent (1.25%). The tax may only be imposed for the lesser of 30 years, or until enough sales tax revenue has been raised to pay for the costs of the approved projects. Adopted by the City Council of Golden Valley, Minnesota this 15th day of August 2023. Shepard M. Harris, Mayor ATTEST: ____________________________ Theresa J. Schyma, City Clerk DocuSign Envelope ID: D6C9F21D-94C9-43FA-AC72-6A67DB38F511