6 Miss. Code. R. 9-1.6 - Eligible Expenditures
Eligible expenditures as stated in statute are:
A. Attorney fees
B. Fees related to architectural, design,
engineering, surveying, planning, mapping, and other due diligence-related
professional services
C.
Environmental studies/assessments
D. Costs associated with studies, surveys,
permitting, or zoning activities necessary to complete site diligence
E. Geotechnical and/or resistivity
testing
F.
Clearing/grading
G. Environmental
mitigation or the purchase of mitigation credits
H. Drainage system improvements
I. Right of way and easement
acquisition
J. Utility system
expansions and/or distribution, including natural gas distribution systems
K. Transportation infrastructure
directly effecting the site (roads, bridges or rail)
L. Telecommunications systems, including
fiber optics
M. Bulkheads
N. Taxiways and parking ramps
O. Land reclamation
P. Industrial park "getaway" signage and/or
aesthetic improvements
Q. On-site
demolition (old houses, barns, etc.) subject to cultural review
R. Public infrastructure improvements
directly serving industrial property that is publicly owned or serving optioned
property
S. Acquisition of publicly
owned real property used for economic development purposes by an eligible
entity in cases where the acquisition price does not exceed the appraised fair
market value of the property
T.
Site development improvements as approved by MDA Grant funds can only be used
for physical site improvements such as clearing/grading, drainage improvements,
or utility system expansions or improvements in cases where the site is
publicly owned. For MDA to assist with due diligence at optioned property or
public infrastructure improvements directly serving optioned property, the
option must be in place for at least two (2) years after the date of
application for a Site Development Grant.
Site due diligence and site improvement projects will receive priority over site acquisition projects, based on funding availability.
Notes
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