6 Miss. Code. R. 4-1.10 - Conditions for Disbursement of Funds
A. A Grant
Agreement will be executed between the Local Sponsor and MDA. A grant agreement
must be signed before request for cash can be processed.
B. All funds will flow through the Local
Sponsor.
C. MDA will release SMLPC
Program funds on a reimbursement basis, for approved eligible costs of the
project.
D. The municipality or
county shall certify to MDA during construction that the expenses were incurred
and were in accordance with the application approved by MDA.
E. Funds will be released upon receipt of the
SMLPC Program Request for Cash and supporting documentation from the local unit
of government.
F. The municipality
or county have two years from the date of the award to expend the funds under
the SMLPC Program.
G. Failure to
implement and complete the project may result in the grant being voided and
funds de-obligated.
Notes
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