(a) Each applicant at the time of submitting architectural plans or sites plan to the Commission for approval of proposed construction, renovation or reconstruction of any structure or facility to be used as an approved hotel or casino shall accompany same with a written guaranty that all contracts and subcontracts to be awarded in connection therewith shall contain appropriate provisions by which contractors and subcontractors or their assignees agree to comply with the preferred bidders statute, Title 31, section 236a of this code. An applicant shall also be required to demonstrate compliance with Title 29, section 710 of this code and such that prospective employment has been afforded to all bona-fide residents as defined in section 557 of this title and pursuant to section 465 of this title in connection with the actual construction of any structure or facility to be used as an approved hotel or casino prior to submission of architectural plans or site plans to the Commission.
(b) No license shall be issued by the Commission to any applicant, including a casino service industry as defined in section 402 of this title, who has not agreed to afford employment of bona-fide residents.
(c) Each applicant shall formulate for Commission approval and abide by Title 29, section 710 of this code whereby the applicant guarantees to provide employment opportunity to rehabilitated offenders eligible under sections 441 and 442 of this title and bona fide residents qualified for licensure in all employment categories, including the handicapped, in accordance with the provisions of Title 24 of this code, except in the case of the mentally handicapped, if it can be clearly shown that such handicap would prevent such person from performing a particular job.
(d) Any license issued by the commission in violation of this section shall be null and void.