48-6632
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48-6632. Operational powers and duties of district (Conditionally Rpld. Delayed Rpld.) A. The district, through the board of directors, shall: 1. Negotiate and enter into agreements with developers, contractors and architects for the construction of any portion of the regional attraction venue, unless an architect will be employed directly by a contractor. 2. Review construction change order requests. 3. Arrange for capital financing, as needed. 4. Work with the users, contractors and architects to prepare and maintain a themed design for the regional attraction venue. 5. Prepare construction budgets and schedules. 6. Negotiate and enter into use agreements with parties that occupy and use the regional attraction venue. 7. Prepare the annual operating budget for the district pursuant to section 48-6651. 8. Use excise tax revenues paid to the district pursuant to section 48-6654 and other revenues the district may receive from other sources for the purposes set forth in section 48-6631, subsection A. 9. Pledge all or part of excise tax revenues paid to the district pursuant to section 48-6654 and other revenues the district may receive from other sources to secure the district's bonds or other financial obligations under article 4 of this chapter. 10. Enter into contracts for the use, management, operation, maintenance, reconstruction and improvement of the district's facilities. 11. Take any other actions that are necessary to ensure that the district's facilities are: (a) Constructed, managed, operated, maintained and improved according to schedule and budget. (b) Occupied and used according to the use agreements. B. The district, through the board of directors, may: 1. Lease any of its facilities to users, charge and collect rent from lessees and terminate any lease on the failure of the lessee to comply with the obligations of the lease. 2. Employ or contract for professional and other services as necessary for financing, constructing and operating the regional attraction venue and any on-site or off-site improvements and facilities used in connection with the venue. 3. Enter into capital and operating financing agreements. 4. Do any other act that is necessary or appropriate to carry out its purposes. C. The district shall not operate the regional attraction venue or any improvement or facility located in the district as a business, other than as a lessor. |