Current through L. 2024, ch. 259
Section 5-809 - Community youth and amateur sports and recreational facilities; local financial participationA. From monies in the youth and amateur sports facilities account established by section 5-838, the authority may: 1. Acquire land or construct, finance, furnish, maintain, improve, operate, market or promote the use of community youth and amateur sports facilities, recreational facilities and other community facilities or programs that are located in the authority.2. Do all things necessary or convenient to accomplish those purposes.B. The board shall require that any project undertaken pursuant to this section include financial participation from the county, municipality or school district in which the project is located, from any other party or from any combination of these entities that equals or exceeds one-half of the amount to be spent or distributed by the authority. Capital improvement monies spent by a county, municipality, school district or other party for a purpose authorized by this section may be considered to be financial participation with respect to any project the authority may undertake.C. For purposes of financing, designing, constructing or operating facilities or structures, the authority is not the agent of any other party participating in the funding of the facility or structure.D. In evaluating projects under this section, the board shall give priority to youth recreational facilities that are adjacent, in proximity or of benefit to public schools.