South Dakota Administrative Rules
Title 41 - Department of Game, Fish And Parks
Article 41:13 - Park concession leases
Chapter 41:13:03 - Expiration or amendment of lease
Section 41:13:03:10 - Prospectus requirements

Universal Citation: SD Admin Rules 41:13:03:10

Current through Register Vol. 51, page 43, September 23, 2024

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.

General Authority: SDCL 41-17-1.1(6).

Law Implemented: SDCL 41-17-1.1(6).

Disclaimer: These regulations may not be the most recent version. South Dakota may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
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