4 Miss. Code. R. 3-1.1 - Project Application and Approval Process: Feasibility, Engineering Studies, Business Plans, Due Diligence Effort, etc. - Specific Project Criteria

(a) Document proper feasibility and engineering studies where applicable.

(1) Certify that a professional consultant performed the feasibility study and that the results of the feasibility study were conclusive to the effect that the project is viable.

(2) Certify that a professional and licensed engineer independent from the Company or Project owner performed the engineering study. Verify that the engineering study has been reviewed and approved as viable by a State contracted engineer before project is accepted.

(b) Document due diligence efforts, where applicable.

(c) Review any economic impact analyses related to project.

(d) Review and Document, where applicable, business plans and other information relevant to project submitted to MDA by applicant.

(e) Document that the project meets the specific criteria for the program under which it is listed.

(1) Economic Development Projects:

(i) Super Project Category: Total bonds issued over $50,000,000.

(ii) Regular Project Category: Total bonds issued under $50,000,000.

(2) MDA Multi-Project Programs: (Examples: Rural Impact, Small Municipalities Limited Populations Counties Fund, Land, Water and Timber, ACE, and all other economic development related programs)

(i) Grants - Document that the Project meets the requirements for receiving a grand under the program's requirement/regulations.

(ii) Loans - Document that the Project meets the requirements/regulations for receiving a loan under each program.

(iii) Loan Guarantees - Document that the Project meets the requirements/regulations for receiving a loan under each program.

Notes

4 Miss. Code. R. 3-1.1

Miss. Code Ann. § 7-7-211.