(1) For any major sporting event venue zone proposed under this part, there is created a major sporting event venue zone committee with membership described in Subsection (2). (2) Each major sporting event venue zone committee shall consist of the following members: (a) one representative from the office, designated by the executive director of the office; (b) one representative from the creating entity; (c) (i) if a proposal addresses a major sporting event venue that will be used during an Olympic Games, one member of the executive committee for the Salt Lake City-Utah Committee for the Games; or (ii) if a proposal does not address a major sporting event venue that will be used during an Olympic Games, one individual with expertise in a professional sports industry, appointed by the governor; (d) one individual from the Office of the State Treasurer, designated by the state treasurer; (e) two members designated by the president of the Senate; (f) two members designated by the speaker of the House of Representatives; (g) two representatives designated by the school superintendent from the school district affected by the major sporting event venue zone; and (h) one representative, representing the largest participating local taxing entity, after the creating entity and school district, in the proposed major sporting event venue zone. (3) After the office has received a request from the submitting creating entity to submit the proposal to the committee, as described in Subsection 63N-3-1703(7), the office shall notify each of the entities described in Subsection (2) of the formation of the major sporting event venue zone committee. (4) The individual designated by the office as described in Subsection (2)(a) shall serve as chair of the committee. (5) (a) A majority of the members of the committee constitutes a quorum. (b) An action by a majority of a quorum of the committee is an action of the committee. (6) (a) The chair of the committee shall convene a public meeting to consider the proposed major sporting event venue zone. (b) A meeting of the committee is subject to Title 52, Chapter 4, Open and Public Meetings Act. (7) The committee may: (a) request changes to the proposal based on the analysis, characteristics, and criteria described in Section 63N-3-1702 or 63N-3-1703; or (b) vote to approve or deny the proposal. (8) If a major sporting event venue zone is approved as described in Section 63N-3-1707: (a) the proposed major sporting event venue zone is established: (i) according to the terms of the proposal; or (ii) according to the modified terms of the proposal, as established by the committee in the committee's vote to approve the major sporting event venue zone; (b) affected local taxing entities are required to participate according to the terms approved by the committee; and (c) each affected taxing entity is required to participate at the same rate. (9) (a) Except as provided in Subsection (9)(b), any aspect of a major sporting event venue zone, including the approved use of major sporting event venue zone revenue or the boundary of the qualified development zone or sales and use tax boundary, may be amended by following the same procedure as approving a major sporting event venue zone proposal. (b) A boundary adjustment described in Section 63N-3-1711 does not require an amendment described in Subsection (9)(a).
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