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.
Source: 32 SDR 55, effective October 17, 2005.
General Authority: SDCL 41-17-1.1(6).
Law Implemented: SDCL 41-17-1.1(6).