1. (1) A local government may, according to the requirements and procedures of this part, create a project area for the use of revenue authorized under Section 59-12-402.5, which revenue shall be used only for the allowed purposes described in Section 63N-23-803.

2. (2) A project area created under this part shall:

   1. (a) be located entirely within the boundaries of the local government;
   2. (b) be no greater than 100 acres in area;
   3. (c) be roughly centered around, and include the entire property footprint of a currently existing qualified stadium;
   4. (d) include the entire property footprint of any qualified stadium that is planned to be built;
   5. (e) be contiguous; and
   6. (f) have boundaries that are reasonably compact in relation to the project area distance from the currently existing qualified stadium.

Renumbered and Amended by Chapter 94, 2026 General Session