Albert Lea authorized to extend local sales tax for additional projects.

This bill authorizes the city of Albert Lea to extend its local sales tax to fund five specific community projects, including water quality improvements, trail expansion, library upgrades, recreation center enhancements, and a new sports field. The tax would be an additional half of one percent, subject to voter approval at a special election, with revenues dedicated to paying for these projects and associated bond costs. The city could issue up to $40 million in bonds to finance the projects without being subject to standard debt limits or requiring a separate bond election. The tax would expire after 30 years or once the city determines it has raised enough revenue to cover the project costs, with any remaining funds going to the city's general fund.