Compilation of Rules and Regulations of the State of Georgia
Department 110 - RULES OF GEORGIA DEPARTMENT OF COMMUNITY AFFAIRS
Chapter 110-32 - GEORGIA TOURISM DEVELOPMENT ACT PROGRAM
Subject 110-32-1 - GEORGIA TOURISM DEVELOPMENT ACT PROGRAM
Rule 110-32-1-.04 - Recommendations to Commissioners
Universal Citation: GA Rules and Regs r 110-32-1-.04
Current through Rules and Regulations filed through September 23, 2024
(1) Upon receipt of a Consultant's Report, the staff of DCA shall combine the Department's analyses of the Application with the opinions conveyed in the Consultant's Report to prepare a Preliminary Recommendation for the Commissioner of GDEcD's and Commissioner of DCA's consideration. The Preliminary Recommendation shall give DCA's staff's opinions regarding:
a) The Project's and Attraction's compliance with the individual statutory requirements;
b) The Applicant's capacity to undertake the Project considering whether financing has been obtained; in addition, the Department will consider the Applicant's operating history, financial standing and market success for similar Projects and Attractions.
c) Contributions to a significant and positive economic impact on the state considering, among other factors, the extent to which the Tourism Attraction Project will compete directly with tourism attractions in this state;
d) The amount by which state and local tax revenues will increase and the amount by which increased state and local tax revenues from the tourism attraction project will exceed the refund to be given to the approved company;
e) The production of sufficient revenues and public demand to be operating and open to the public for a minimum of 100 days per year, including the first year of operation;
f) Adverse affects to existing employment in the state;
g) For each year following the third year of operation, whether the Attraction will attract a Minimum of 25 percent of its visitors from nonresidents of this state; and
h) Any other issues the Commissioners request to be included in the Department's analysis and report.
(2) The staff's preliminary recommendation to the Commissioners shall include either a recommendation to approve or deny the Application.
O.C.G.A. Secs. 50-8-3, 50-8-5, 48-8-270, 48-8-274.
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