Who will manage the RFP process and award the bid?
The Department of Conservation and Natural Resources is partnering with Auburn University on this unique opportunity. Both DCNR and Auburn University have significant equity in making the right decisions as we move through this process. 17. Q: Explain the financing on this project and how much State money will be used? A: At this time, there is not an accurate answer to this question. Once the RFP process is complete, we will provide more information. 18. Q: What is the expected annual State income on this project and where will these dollars go? A: The lease payments from the developer will yield considerable cash flow to DCNR. We will not know the exact terms until an agreement has been reached with a developer. Also, there will be additional revenue from increased lodging taxes, increased sales taxes and increased jobs. The total economic benefit of the project is expected to bring in approximately $65 million annually and produce nearly $3 million each year in total tax collections
