article thumbnail

Unlimited liability for designers and contractors

Construction Lawyer

The Supreme Court has refused to hear an appeal from the Minnesota supreme court that approved legislation that effectively wiped out that states statute of repose. The bridge had been maintained (or, according to some reports, not maintained) by the State of Minnesota. mechanics liens. Connection failure may be imminent.”

article thumbnail

STATE INCENTIVES GUIDE

Buisness Facilities Contributed Content

The private sector participant finances 50 percent of the project cost and takes a first lien on assets pledged as collateral. The SBA takes a second lien on assets and finances up to 40 percent of the project cost, up to $1 million in some cases. Minnesota is also blessed with no personal property or inventory tax.

Income 75
article thumbnail

State by State Incentives Guide

Buisness Facilities Contributed Content

an hour and be eligible to receive employer-provided coverage under an accident or health plan. DATA CENTER SALES TAX EXEMPTIONS: Enacted in July 2011, Minnesota created a major tax exemption for data center projects. Minnesota is also blessed with no personal property or inventory tax. The incentive takes effect July 1, 2012.

Income 108