Mississippi Administrative Code
Title 6 - Economic Development
Part 1 - Financial Resources
Chapter 8 - Mississippi Freight Rail Service Projects Revolving Loan/Grant Program
Rule 6-1-8.11 - Reimbursement Process

Universal Citation: MS Code of Rules 6-1-8.11
Current through September 24, 2024

The State will release RAIL funds on a reimbursement basis for approved eligible costs of the project as incurred. The Applicant shall certify to MDA during construction that the expenses were incurred and were in accordance with the plans approved by MDA. Funds will be released periodically upon receipt of supporting documentation from the Applicant. Funds may not be drawn down more frequently than monthly.

Miss. Code Ann. § 57-44-7 (Supp. 2008)

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