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CITY QUESTION 1 (Rochester)
EXTENSION OF SALES AND USE TAX
Shall the City of Rochester be authorized to (a) extend the existing sales and use tax of one-half of one percent (0.50%) for approximately 24 years or until approximately $205,000,000 plus an amount equal to interest and the costs of the issuance of any bonds is collected, and (b) issue its general obligation bonds in an aggregate principal amount not to exceed $205,000,000, plus the cost of issuing the bonds, to finance any or all of the following:
A. An economic vitality fund and expenses eligible to be paid from the fund, in an amount not to exceed $50,000,000; and
B. Street reconstruction in an amount not to exceed $50,000,000; and
C. Flood control and water quality, excluding the removal of the MN00515 dam, in an amount not to exceed $40,000,000; and
D. A sports and recreation complex, in an amount not to exceed $65,000,000?
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