63N-23-802. Project area.
(1) A local government may, according to the requirements and procedures of this part, create a project area for the use of revenue authorized under Section 59-12-402.5, which revenue shall be used only for the allowed purposes described in Section 63N-23-803.
(2) A project area created under this part shall:
(a) be located entirely within the boundaries of the local government;
(b) be no greater than 100 acres in area;
(c) be roughly centered around, and include the entire property footprint of a currently existing qualified stadium;
(d) include the entire property footprint of any qualified stadium that is planned to be built;
(e) be contiguous; and
(f) have boundaries that are reasonably compact in relation to the project area distance from the currently existing qualified stadium.