The Minneapolis City Council last week approved up to $16.5 million of recovery zone facility bonds toward the American Academy of Neurology’s plans to build a new global headquarters, according to a news release from the city’s Community Planning and Economic Development Department.

The five-story, 62,000-square-feet building will be located in the city’s Mill District. The council also agreed to sell the land that will house the facility to the academy for $661,000.

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