Sales and Use Tax for New Woodlake Nature Center BuildingShall the City of Richfield impose a sales and use tax of one-half of one percent (0.5%) for up to 20 years, to finance up to $11 million plus the cost of interest and of issuing bonds, to build a new Wood Lake Nature Center building? By voting on this question you are voting to use a local sales tax in Richfield to pay for a new educational facility and site updates, replacing the current Wood Lake Nature Center building. If multiple questions are approved, the maximum total sales tax by the city would be 0.5% with a maximum of 20 years. The City must terminate the tax earlier than 20 years if the amount received is sufficient to pay for project and financing costs.
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