1. The department shall establish and administer a community attraction and tourism development program to assist communities in the development and creation of multiple purpose attraction and tourism facilities.
2. A political subdivision of the state or a public organization may submit an application to the department for financial assistance for a project under the program. The assistance shall be in the form of grants, loans, forgivable loans, and loan guarantees. The application shall include, but not be limited to, the following information:
a. The total capital investment of the project.
b. The amount or percentage of local and private matching moneys which will be or have been provided for the project.
c. The total number of jobs to be created or retained by the project.
d. The need of the community for the project and the financial assistance.
e. The long-term tax generating impact of the project.
99 Acts, ch 204, §23
Referred to in §15.372
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