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The late musician's siblings, his presumptive heirs, have narrowed the list of possible substitutes to two firms.
Mayor Hodges seeks new spending to hire 15 new police officers; total budget would be $1.3 billion.
Wednesday's public hearing was the last big step before the City Council's vote.
Artwork from 1968 to be restored to its rightful place on Nicollet Mall.
Mayor Betsy Hodges pledged to have a plan in place by April.