High-resolution angle- and spin-resolved photoemission spectroscopy reveals
new features of the electronic structure of the ferromagnetic triple-layered
ruthenate Sr$_4$Ru$_3$O$_{10}$. There are narrow spectral peaks $\sim$30 meV
below the Fermi-level in two regions of the Brillouin zone: a hole-like band at
the zone-center and a saddle-point van Hove singularity at the zone edge. Below
T$_c$ each feature is almost completely spin-polarized, with opposite sign
polarization and with strong Kondo-coherence-like temperature-dependent
spectral weight variation suggestive of strong Hund's metal correlations. In
addition, there are distinct Fermi surfaces for wide electron-like minority
spin bands around the zone center and narrow hole-like majority spin Fermi
surface contours around the zone corners. The origin of these features is in
general agreement with density functional calculations, if they are shifted to
reduce the exchange splitting, and scaled to take into account effects of
correlation. Furthermore, the deduced narrow band origins from the tri-layer
splitting of $d_{xz/yz}$ orbitals implies a layer-specific spin-polarization
contribution from the narrow bands. Over a larger energy range, net
spin-majority polarization of incoherent Ru $d$-bands is observed to extend
down to the top of the oxygen bands, where additional narrow oxygen bands
contribute to the magnetism with spin-minority polarization.