This bill authorizes the city of Alexandria, Minnesota, to impose a local sales and use tax of up to one-quarter of one percent, contingent upon voter approval. The tax is intended to finance the expansion and renovation of the PrimeWest Health Runestone Community Center, with revenues allocated for the costs of tax collection and administration, as well as project financing up to $30 million, including associated bonding costs. The bill stipulates that the imposition, administration, collection, and enforcement of the tax will follow the provisions outlined in Minnesota Statutes, section 297A.99.

Additionally, the bill grants the city the authority to issue bonds to cover project costs, with a maximum principal amount of $30 million. These bonds will not be subject to certain debt limitations and do not require a separate election for approval. The tax will expire either 20 years after its initial imposition or when the city council determines that sufficient funds have been raised for the project costs, with any remaining funds directed to the city's general fund. The effective date of this legislation is contingent upon compliance with specific statutory requirements by the city's governing body.