Sauk Centre local sales tax authorization modification

This bill modifies a local sales tax authorization for the city of Sauk Centre, Minnesota, by increasing the maximum amount of bonds the city can issue from $10 million to $20 million to fund specific projects. The legislation allows the city to collect sales tax revenue for up to 20 years or until the $20 million funding goal is reached, whichever comes first, with any remaining funds going to the city's general fund. The bill requires voter approval through a separate election before the tax modifications and bond issuance can take effect. It also removes certain state debt limitations that would normally apply to the city's borrowing and tax levies for this specific project.