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
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).