Mississippi Administrative Code
Title 6 - Economic Development
Part 1 - Financial Resources
Chapter 10 - Economic Development Highway Grant Program
Rule 6-1-10.7 - Application Requirements

Universal Citation: MS Code of Rules 6-1-10.7

Current through September 24, 2024

The application should provide the following information:

A. A description of the Highway Project.

B. A certified resolution from the governing authorities of the Local Entity detailing the source and amount of funds which the Local Entity has committed, or is willing to commit, for the Highway Project and a statement of intent to perform the highway construction.

C. A certified copy of a signed letter of intent from the private company to the Local Entity describing in detail the following:

(i). The Company Project

(ii). The proposed timetable for completion of the Company Project

(iii) The number of jobs to be created

(iv). The dollar investment to be made by the company

(v). A guarantee from the company of the investment at the Company Project location

D. A demonstration that the company is financially sound and appears to have assets and creditworthiness to secure necessary funds to complete the project.

E. An estimate by the company of the number, size, and weight of motor vehicles and frequency of travel of such vehicles upon the Highway Project.

F. A statement from the company that the proposed Highway Project design will meet the company's needs.

Miss. Code Ann. § 65-4-1 etseq. (Rev. 2005)

Disclaimer: These regulations may not be the most recent version. Mississippi may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
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