B.__The end of the 3rd month following the month during which the revenue limit specified in the municipal referendum is reached;

C.__The end of the 3rd month after the municipal clerk forwards to the assessor certification of the discontinuance of the local option sales and use tax as a result of a referendum vote conducted in accordance with the provisions of this chapter; and

D.__Five years from the effective date of the tax.

If the expiration date provided by this subsection does not allow the assessor to provide retailers with at least 60 days' notice of the expiration of the tax, the expiration date is the beginning of the next succeeding calendar quarter.

§1873.__Eligible capital projects

The 1% sales and use tax authorized by this chapter may be adopted only for the purpose of financing one or more eligible capital projects that have a regional impact.__Property acquired pursuant to an eligible capital project must be owned by a governmental body or regional nonprofit organization.__Only the following types of projects are eligible for financing under this chapter:

1.__Visitor facilities.__A capital project that will generate regional economic activity or attract and support visitors to a region, including, but not limited to, a convention and conference center, an industrial park for regional employers, an aquarium, the repair and replacement of downtown facilities, a regional land conservation or recreation project and a sports arena;

2.__Educational facilities.__A capital project involving construction or renovation that will enhance regional educational opportunities, including, but not limited to, a regional vocational center and a high school serving a municipal service district established pursuant to Title 30-A, chapter 112.__An educational facility project may not be financed unless the school administrative unit establishes and complies with a maintenance and capital improvement program as required under Title 20-A, section 4001 and a facility maintenance plan as required under Title 20-A, section 15905, subsection 6;