R357-13-1. Purpose  


Latest version.
  •   (1) This rule identifies:

      (a) procedures by which the Governor's Office of Economic Development may enter into an agreement with a qualified hotel owner for the development of a qualified hotel, and authorize and set conditions for a convention incentive under the New Convention Facility Development Incentive Act;

      (b) minimum criteria for an agreement with a qualified hotel owner;

      (c) roles and responsibilities of the independent review committee;

      (d) procedures for calculating and paying the convention incentive; and

      (e) administrative procedures for the Hotel Impact Mitigation Fund.