The authority shall have the power and shall monitor, oversee, and control the performance of the management agreement by the manager, and all aspects of the operation of the convention center. Without limiting the foregoing, the authority shall have the power to:
(1) Amend or modify the management agreement where it would serve the best interest of the State.(2) Terminate the management agreement; here wood cause exists or where it would serve the best interest of the State.(3) In anticipation of or upon termination of the management agreement, select a new professional manager through the request for proposal process provided in ibis chapter.(4) Monitor and oversee the bookings, revenue collection, costs and expenses, budgetary, ant other financial activities of the convention center.(5) Monitor and oversee all contracts entered into by the manager in connection with the operation and maintenance of the convention center.(6) Review and approve in advance, and in writing, all operational policies for the convention center, including without limitation, scheduling and booking policies, deposit policies, television, radio and media access, cancellation policies, parking, food and beverage services, plans for services and facility operations, security and emergency response plans, and the delineation of specific types and levels of services to be provided to licensees.[Eff 2/26/961] (Auth: HRS § 206X-4) (Imp: HRS § 206X-4)