2 Miss. Code. R. 903-10.3
The MSWCC and its staff, shall, as often as is practicable, and in accordance with State and federal law, coordinate its watershed structure rehabilitation and repair efforts with the USDA's Natural Resources Conservation Service. The Commission provides cost sharing assistance with an accountable sponsor for the repair, rehabilitation or removal of watershed structures. The MSWCC staff what board, agency, person, persons or political subdivision shall be considered an accountable sponsor to participate in the cost shared repair or rehabilitation of a watershed structure. In order to be considered for acceptance as an accountable sponsor, the applicant must have the willingness, authority and financial resources (or the ability to obtain necessary finances) to maintain the particular watershed structure once the repair and/or rehabilitation has been completed. As a requirement for participation in the Watershed Repair and Rehabilitation Cost Share Program, an accountable sponsor must agree to submit annually a report containing a summary of the annual inspection of the subject structure and a summary of the revenues and expenses associated with the maintenance of the subject structure.
The MSWCC has adopted the following three (3) tiered cost share schedule:
The cost share rate shall be determined by the reference number assigned to the county in which the structure is located. The reference number shall be determined by the total assessed valuation of the county as currently reported to the Mississippi Department of Revenue at the time of approval of the cost share application. The reference number shall be:
In those watersheds which cross county lines, the cost share rate shall be determined by the lowest reference number of any county in the watershed. An accountable sponsor may use in kind work, services or materials for its required match. The work, service or materials may be provided by the sponsor or any other entity on behalf of the sponsor. Any form of match provided by, or on behalf of a sponsor which exceeds the required amount may be carried over and used as match on another qualifying structure within the watershed or county. The MSWCC staff is authorized to commit funds from the Mississippi Watershed Repair and Rehabilitation Cost Share Program on any amount up to One Hundred Thousand Dollars ($100,000.00) per structure for repair, rehabilitation or removal. Any expenditure of more than One Hundred Thousand Dollars ($100,000.00) per structure must receive specific approval of the Mississippi Soil and Water Conservation Commission.
2 Miss. Code. R. 903-10.3