S.D. Admin. R. 41:13:02:05
Current through Register Vol. 51, page 67, December 16, 2024
The concession lease or agreement shall provide for payment of a franchise fee or other monetary consideration as determined by the commission. In establishing a fee the concessionaire's reasonable opportunity to realize a profit on its operations commensurate with its capital invested and the obligations assumed shall be considered. A franchise fee shall be subordinate to protecting park values and providing quality visitor service.
S.D. Admin. R. 41:13:02:05
General Authority: SDCL 41-17-1.1(6).
Law Implemented: SDCL 41-17-1.1(6).