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Ax-Man Surplus Stores is a chain of surplus stores in the Twin Cities metro area in Minnesota, known locally for its eclectic atmosphere and unique selection of merchandise. [ 1 ] [ 2 ] [ 3 ] They specialize in industrial and scientific surplus, as well as manufacturing surplus and failed consumer products.
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Minnesota lawmakers will have more money available this year than previously expected as officials on Thursday projected a $3.7 billion state budget surplus. That's an increase of $1.3 billion ...
Dec. 7—The state of Minnesota will head into 2022 with a record $7.7 billion projected budget surplus for the current two-year budget cycle, state finance officials announced Tuesday. The eye ...
Court auction: items sold to satisfy a court judgment, like storage contents of not-paying tenants; Insolvent companies where the government is the liquidator (e.g. official receiver) Unowned property; Often goods sold at government auctions will be unreserved, meaning that they will be sold to the highest bidder at the auction. [citation needed]
The group was the sole bidder at the public auction. Beginning in 2008, the Minnesota African American Museum and Cultural Center occupied the structure. The museum began a $6 million fundraising effort to renovate it. Although the museum spent several million dollars on improvements, its fundraising effort failed to cover the cost of renovations.
A unanimous court held that the surplus value is protected by the Fifth Amendment's Takings Clause. Geraldine Tyler owed $15,000 in property taxes and other associated costs. Hennepin County, Minnesota foreclosed on her condominium, sold it for $40,000, and kept all of the money. [1] [2]
The Surplus Property Board (SPB) was briefly responsible for disposing of $90 billion of surplus war property held by the United States government in the final year of World War II. [1] Created by the Surplus Property Act of 1944 , [ 2 ] the Board functioned for less than nine months, before being replaced by a more streamlined agency.
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