Section 140. Disclosure of impact of facilities

An applicant for a license must disclose and document the projected impact of its horse racing facility, including:

1. Economic impact, giving:

a. Number of jobs created, whether permanent or temporary, type of work, compensation, employer and how created;

b. Purchases of goods and services, types of purchases and projected expenditures;

c. Public and private investment; and

d. State and local tax revenues generated.

2. Environmental impact;

3. Impact on energy conservation and development of alternative energy sources; and

4. Social impact on the community in which the horse racing facility would be located.

Historical Notes

Derived from VR662-01-02 § 2.13, Volume 06, Issue 10, eff. March 14, 1990.

Statutory Authority

§ 59.1-369 of the Code of Virginia.