The office may agree to execute a games support contract only if:
(1) the office determines that:
(A) this state's assurances and obligations under the contract are reasonable; and
(B) any financial commitment of this state will be satisfied exclusively by recourse to the Pan American Games trust fund or the Olympic Games trust fund, as applicable; and
(2) the endorsing municipality or endorsing county has executed an agreement with a site selection organization that contains substantially similar terms.