Untitled section

620.010 ;   (7)  "Director" , the director of the department of economic development;   (8)  "Lease" , a lease agreement between the professional sports franchise and the owner of the athletic and entertainment facility, without regard to options to renew the lease.  For the purposes of subdivision (5) of subsection 5 of this section, in the event one component of the athletic and entertainment facility has a different end of the term of the lease date than another component, the lease term that ends the latest in time shall be applicable;   (9)  "Professional sports franchise" , any professional sports team that is a member of Major League Baseball or the National Football League;   (10)  "Project" , the development, construction, reconstruction, rehabilitation, repair, or improvement of any athletic and entertainment facility for which an application is made and approved by the director and the commissioner.  A project must have total project costs of at least five hundred million dollars to be eligible for funding under this section.  Residential, commercial, retail, or mixed-use development adjacent to an athletic and entertainment facility shall not be included as part of the project.  All projects receiving appropriations pursuant to this section shall comply with the provisions of sections