6 Miss. Code. R. 1-13.7 - Local Sponsor Application

The application to be submitted by a Local Sponsor must include:

A. The purpose of the proposed loan including a list of eligible items and the cost of each;

B. The estimated cost of the total project, a description of the Local Sponsor's investment in the project, and all public or private sources of funding;

C. The time schedule for implementation and completion of the project, evidencing an expeditious completion of the project;

D. A statement of intention to operate the project for a time period equal to the term of the loan;

E. Certified proofs of publication of the Resolution of Intention of the Governing Authority to apply for Airport Loan funds. (Examples of the Resolution, which must be published once a week for at least four (4) consecutive weeks in a newspaper having general circulation in the county, may be found as Exhibit A or B.) Upon receiving the results of the publication of the Resolution of Intention, the Governing Authority will need to provide MDA with an executed Resolution of No Protest;

F. A statement of willingness to comply with nondiscrimination and equal employment opportunity requirements; and

G. Current employment levels at the project site and estimated increases, if any, as a result of financing the project.

Notes

6 Miss. Code. R. 1-13.7

Miss. Code Ann. § 57-61-41 et seq. (Rev. 2008).

Amended 6/3/2021