ARSD 41:13:03:10

ARSD 41:13:03:10. Prospectus requirements

Last amended: 2005Year: 2026Length: 132 wordsOfficial source

Cite as S.D. Admin. R. 41:13:03:10

The prospectus shall include: (1) Minimum visitor service requirements; (2) The minimum franchise fee or other forms of consideration required by the state; (3) Lease term; (4) Minimum performance standards; (5) Measures requested to ensure the protection and preservation of park resources; (6) Capital investments, if any; (7) Facilities and services provided to the concessionaire by the state for the concessionaire's use and operation over the course of the lease; (8) An estimate of the possessory interest compensation due to the existing concessionaire at signing; (9) Gross receipts by category for the last three years and the most recent year's concessionaire's personal property and merchandise inventory; (10) Selection factors, including minimum requirements; and (11) Other such information that the commission may deem necessary to assist bidders in the preparation of a prospectus.
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