227.621. Approval of comprehensive agreements, requirements.

Approval of comprehensive agreements, requirements.

227.621. Prior to granting its final approval of a private partner tofinance, develop, and/or operate the project, the commission shall reviewand approve by commission minute a comprehensive agreement in a form andmanner prescribed by the commission that shall, at a minimum, provide for:

(1) The start date for construction of the project and any otherdates the commission deems necessary to develop and/or operate the project;

(2) Review and approval by the commission of the final plans andspecifications for the development and/or operation of the project toensure that such plans and specifications conform to the standardsacceptable to the commission;

(3) A detailed financing plan, contingent upon review and approval bythe commission; and

(4) Any other provisions the commission and private partner deemappropriate.

(L. 2006 H.B. 1380)