§ 63G-28-301. Definitions.

As used in this part: (1) "Fund" means the Olympic and Paralympic Venues Grant Fund. (2) "Improve" or "improvements" means the replacement or addition to infrastructure, buildings, building components, or facility equipment. (3) "Venue" means a facility: (a) designed and currently approved under standards developed by a generally recognized sports federation to host world-class level, international winter sports competitions; and (b) used for recreational, developmental, and competitive athletic training. (4) "Venue operator" means a person who: (a) operates a venue that is exempt from federal income taxation under Section 501(c)(3), Internal Revenue Code; or (b) owns a venue or operates a venue under contract with the public owner of the venue.