Delaware Administrative Code
Title 24 - Regulated Professions and Occupations
Department of State
Division of Professional Regulation
The Delaware Sports Tourism Capital Investment Fund
Section 8.0 - Additional Considerations for Project Funding
Universal Citation: 24 DE Admin Code 8.0
Current through Register Vol. 28, No. 3, September 1, 2024
8.1 The panel shall consider such factors as it may deem appropriate when reviewing an application for project funding.
8.2 Some of the factors deemed appropriate include:
8.2.1 The need in the geographic region within which the project is to be located, including other similar sports facilities;
8.2.2 General geographic diversity of projects under consideration for or already-approved for funding;
8.2.3 Facility's readiness to proceed with construction or renovation;
8.2.4 Economic feasibility of the project to support ongoing projected maintenance and operation requirements;
8.2.5 Local support for the project;
8.2.6 Sources and level of funding commitments other than support from the fund;
8.2.7 Owner, operator and manager of the project; and
8.2.8 Economic impact on the local economy and overall economic benefit to the State.
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