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I ~ 4/19/84 [REVISOR ] I~$/SB CCP~HF2317 <br /> <br /> I ! $147,300 and five positions are for an <br /> 2 energy and economic delvelopment <br /> 3 authority administration contingent <br /> ¢ account. Upon resolution of the <br /> I 5 litigati~n regarding the authority, up <br /> 6 to these amounts ~ay be released vith <br /> ? the approval of the 9overnor after . <br /> 8 consultation v'ith the legislative <br /> 9 advisory commission pursuant to <br /> I~ 10 Ninnesota Statutes, section 3.30. <br /> 11 Of the seven positions paid for from <br /> 12 this appropriation, four are not <br /> I 13 authorized until January 1, 1985. <br /> 11 (9) Administrative Support · <br /> <br /> i 15 (h) Economic Recovery Grant Program ~,000,000 <br /> 16 This'appropriation is for economic <br /> 17 recovery gran~s to local governments <br /> lB under the small cities development <br /> I 1~ grants program. <br /> 20 $85,300 i's for administrative co~ts. <br /> <br /> ~ office of Science and Technology · ' 300,000 <br /> <br /> This appropri'atioa is for the <br />i 2~ coordination of economic development <br /> 25 assistance in the high technology , <br /> 26 'indus~ries of medical biotechnology <br /> R? .softvare development. The three <br />I 28 Complement.positions associated <br /> 2~ this appropriation are in the <br /> 30 unclassified-service. <br /> <br />i' 3~ (j) Community Development Co~porations 500,000 <br /> <br /> 32 (k) Technology Corridor · 6,000~000 <br /> <br /> The commi~sioner'of economic <br /> '31 development may enter into an agreement <br /> 35 w~th the city of Minneapolis and the <br /> <br /> 37 development of the technology corridor <br />I 38 project established by ~he city and ~he <br /> 3~ university by providing money <br /> {0 acquisition costs, building ' <br /> ~! construction costS,' end venture capital <br />i &2 assistance ~lthin the technolog~ <br /> 43 corridor. ?h, p~rpose o th <br /> 41 desistance is to promote the <br /> is Io promo · he <br /> 45 development of technology-re~ated <br /> 46 businesses in Ninnesota. The <br />I ¢? commissioner any agree to ~ake <br /> ~8 installment.pa~ents over a specified · <br /> 19 n~er of ~ears. Before executing the <br /> 50 agreement, the co=aissioner shall <br />I 52 revieved the project and finns that the <br /> 53 e~penditure of this appropriation is <br /> 5¢ the most appropriate reasonably <br /> <br />I 56 objective of promotin9 the development <br /> 57 of technology-related'businesses in <br /> 58 Hinnesota. The conunissioner may expend ' <br /> .59 up to $50,000 of this.appropriation for <br /> ~0 expenses necessary to adequately reviev <br /> <br />i <br />I <br /> <br /> <br />