Rule 6-1-10.7 - Application Requirements The application should provide the following information:
A. A description of the Highway Project.B. A certified resolution from the governing authorities of the Local Entity detailing the source and amount of funds which the Local Entity has committed, or is willing to commit, for the Highway Project and a statement of intent to perform the highway construction.C. A certified copy of a signed letter of intent from the private company to the Local Entity describing in detail the following: (ii). The proposed timetable for completion of the Company Project(iii) The number of jobs to be created(iv). The dollar investment to be made by the company(v). A guarantee from the company of the investment at the Company Project locationD. A demonstration that the company is financially sound and appears to have assets and creditworthiness to secure necessary funds to complete the project.E. An estimate by the company of the number, size, and weight of motor vehicles and frequency of travel of such vehicles upon the Highway Project.F. A statement from the company that the proposed Highway Project design will meet the company's needs.Miss. Code Ann. § 65-4-1 etseq. (Rev. 2005)