The foundation would be formed by the Ministry of Culture, the Ministry of Smart Administration and Regional Development (VARAM), the Rēzekne municipality, and two companies in the entertainment sector, SIA "Austrumlatvijas koncertzāles" and VSIA "Latvijas koncerti".
Each of the parties would have to invest its own funds in the foundation. The foundation council – representatives of the five founders – would perform supervisory and advisory functions. The law also plans to stipula...