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56 MINNESOTA STATUTES 2010 469.055 <br /> I/ out its duties and responsibilities. The facilities and the property must be needed or convenient for <br /> storing,handling, or transporting freight,passenger traffic, and establishing rail and water transfer <br /> in the port district. The authority may make rules and fix fees for the use of the facilities and for <br /> the services it renders. The authority may borrow money and secure the loans by mortgages on <br /> property held or to be held by it or by bonds. <br /> Subd. 7. Sale of realty. The authority may sell, convey, and exchange any real or personal <br /> property owned or held by it in any manner and on any terms it wishes. Real property owned <br /> by the authority must not be sold, be exchanged, or have its title transferred without approval <br /> of two-thirds of the commissioners. All commissioners must have ten days'written notice of a <br /> regular or special meeting at which a sale, conveyance, exchange, or transfer of property is to <br /> be voted on. The notice must contain a complete description of the affected real estate. The <br /> resolution authorizing the real estate transaction is not effective unless a quorum is present. <br /> Subd. 8. Condemnation.A port authority may acquire under eminent domain property of <br /> any kind within the port district needed by it for public use even if the property was acquired by its <br /> owner under eminent domain or even if the property is already devoted to a public use. Property <br /> vested in or held by the state or by a city, county, school district,town, or other municipality must <br /> not be taken without the holder's consent. The port authority shall adopt a resolution describing <br /> the property and stating its intended use and the necessity of the taking. <br /> Subd. 9. Tunnels and bridges. A port authority may acquire, operate, and maintain an <br /> existing toll bridge for vehicles across boundary water between a city of the first class in the state <br /> and another city either in or out of state. The authority may also construct,maintain, and operate <br /> another vehicular toll bridge with its approaches across the water at a point suitable to navigation, <br /> and may reconstruct, repair, and improve both bridges. The authority may construct, maintain, <br /> and operate a tunnel under the water and reconstruct, repair, and improve it. <br /> A port authority may enter upon lands and acquire, condemn, occupy,possess, and use <br /> real estate and other property needed to locate, construct, operate, and maintain the bridge or <br /> tunnel and approaches to it. In doing so, the authority shall act in the same manner as a railroad <br /> corporation may for railroad purposes, or a bridge corporation may for bridge purposes in the <br /> state where the property is after making just compensation for the property as decided and paid <br /> under the laws of that state. The proceedings must be the same as for condemnation in that state. <br /> Subd. 10. Surveys; plans. A port authority may survey or investigate the proper uses, <br /> operations, improvement, and development of the port district, the resulting stimulation of <br /> employment, and the benefit to the port district's city, county, and state. The port authority may <br /> also prepare a plan to construct, develop, and improve the port in the future. The plan may be <br /> merged with existing or future plans of any city in the port district. After public hearing,the port <br /> authority may adopt a plan as its official plan for the port district. Then the plan may be extended, <br /> modified, or amended only after a hearing. When the plan is adopted, all improvements made by <br /> the port authority must be consistent with it. <br /> Subd. 11. Terminal operators for seaway port.A seaway port authority may operate its <br /> port terminal facilities on its premises as terminal operators. If it does so,the authority may <br /> contract with a warehouse operator performing other terminal services to act as its agent. The <br /> contract may provide: (1)that the agent will be paid on a monthly basis to operate the facilities; <br /> (2)that the agent may hire the necessary personnel to carry out the functions undertaken by the <br /> contract; (3)that employees engaged by the agent are employees of the agent and not of the port <br /> Copyright©2010 by the Office of the Revisor of Statutes, State of Minnesota.All Rights Reserved. <br />