This bill authorizes the city of Crosby, Minnesota, to impose a local sales and use tax of up to one-half of one percent, contingent upon voter approval. The tax is intended to fund specific projects, including $1.2 million for the rehabilitation of Crosby Memorial Park, $1.2 million for the renovation of Hallet Community Center, $200,000 for Jessie F. Hallet Memorial Library, and $400,000 for city hall renovations. The bill stipulates that the tax will be governed by existing state statutes regarding local sales taxes, and it allows the city to issue bonds to finance these projects, with a maximum aggregate principal amount of $3 million.

Additionally, the bill outlines that the tax will expire either 20 years after its implementation or when the city council determines that sufficient funds have been raised to cover the project costs and bond issuance expenses. It also specifies that the bonds issued for these projects will not count against the city's debt limits and that any tax levies to pay for the bonds will not be subject to limitations. The effective date of the bill is contingent upon compliance with specific state statutory requirements by the city’s governing body.