A five-member Resort Gaming Facility Location Board, appointed by the Commission, will evaluate casino applications and ultimately make selections of who is eligible to apply for a commercial gaming license in New York State. To be eligible, members of the Facility Location Board must meet a strict series of requirements. Board Members : • Paul Francis • Dennis E. Glazer • Kevin Law, Chair • Stuart Rabinowitz • William C. Thompson, Jr. The Facility Location Board will select license applicants through a competitive Request for Application process. In particular, the Facility Location Board will: • Work with the Commission to develop the application form • Determine a gaming facility license fee • Develop the criteria to assess which applications provide the highest and best value to the state, zone and region • Determine the sources and total amount of an applicant's proposed capitalization to develop, construct, maintain and operate a proposed gaming facility • Issue detailed findings of facts and conclusions demonstrating the reasons supporting its decisions to select applicants Members of the Facility Location Board are subject to procurement lobbying provisions in N.Y. State Finance Law §139-j and §139-k. The members receive no compensation other than expenses incurred in carrying out their duties. Resort Gaming Facility Location Board Requirements As mandated in the Act, Board members must possess ten or more years of responsible experience in fiscal matters, plus significant service: • As an accountant economist, or financial analyst experienced in finance or economics • In an academic field relating to finance or economics • In the field of commercial real estate • As an executive with fiduciary responsibilities in charge of a large organization or foundation Board Members must be a resident of the New York and cannot be an elected official. Additionally, they cannot: • Have a close familial or business relationship to a person that holds a license under the Racing Law • Have any direct or indirect financial interest, ownership, or management, including holding any stocks, bonds, or other similar financial interests in any gaming activities, including horse racing, lottery or gambling • Receive or share in, directly or indirectly, the receipts or proceeds of any gaming activities, including horse racing, lottery or gambling • Have a beneficial interest in any contract for the manufacture or sale of gaming devices, the conduct of any gaming activity, or the provision of any independent consulting services in connection with any licensed establishment In addition, the Gaming Commission has determined that Facility Location Board Members should reside outside of the eligible casino zones.