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HomeMy WebLinkAboutResolution No. 054-12 • RESOLUTION BE IT RESOLVED by the Common Council of the City of Rochester that the City approve the attached ballot language for the November 6, 2012, referendum for the 0.5% local sales tax extension. The Mayor and City Clerk are authorized to execute any documents required to implement this resolution. PASSED AND ADOPTED BY THE COMMON COUNCIL OF THE CITY OF ROCHESTER, MINNESOTA, THIS ITN DAY F , 20 22. PRESIDENT OF SAID COMMON COUNCIL ATTEST: ITY CLERK • APPROVED THIS Ow DAY OF , 2012. i"7/4 . MAYOR OF SAID CITY (Seal of the City of Rochester, Minnesota) ReslO Approve.BallotLangl • CITY OF ROCHESTER SALES TAX AND BOND REFERENDUM CITY OF ROCHESTER OLMSTED COUNTY, MINNESOTA ELECTION NOVEMBER 6, 2012 To vote for the question, put an (X) in the square next to the word "YES"for that question. To vote against the question, put an (X) in the square next to the word "NO" for that question. CITY OF ROCHESTER SALES TAX AND BOND REFERENDUM QUESTION Shall the City of Rochester be authorized (a) to extend beyond December 31, 2012, the current City sales and use tax of one-half of one percent and an excise tax of $20 per retail sale of a motor vehicle and (b) to issue general obligation bonds in an aggregate amount not exceeding $139.5 million, plus the cost.of issuing the bonds, to finance the cost of acquisition and betterment of the following projects: • $8,000,000 for the regional public safety and 911 dispatch center facilities. • $20,000,000 for a regional recreation/senior center. • $30,000,000 for City of Rochester transportation projects. • $17,000,000 for Olmsted County transportation infrastructure improvements: • $8,000,000 for downtown infrastructure improvements. • $14,000,000 for the University of Minnesota Rochester academic and complementary facilities. • $6,500,000 for the Rochester Community and Technical CollegeNVinona State University career technical education and science and math facilities. • $6,000,000 for the Rochester Community and Technical College regional recreation facilities at University Center Rochester. • $20,000,000 for the Destination Medical Community Initiative. • $10,000,000 for an economic development fund. ❑ YES ❑ NO