Rule 6-9-2.7 - Eligible ExpendituresEligible expenditures include:
B. Fees related to architectural, design, engineering, surveying, planning, mapping, and other due diligence-related professional servicesC. Environmental studies/assessmentsD. Costs associated with studies, surveys, permitting, or zoning activities necessary to complete site diligenceE. Geotechnical and/or resistivity testingF. Environmental mitigation or the purchase of mitigation creditsH. Drainage system improvementsI. Right of way and easement acquisitionJ. Utility system expansions and/or distribution, including natural gas distribution systemsK. Transportation infrastructure directly effecting the site (roads, bridges or rail)L. Telecommunications systems, including fiber opticsN. Taxiways and parking rampsP. Industrial park "gateway" signage and/or aesthetic improvementsQ. On-site demolition (old houses, barns, etc.) subject to cultural reviewR. Public infrastructure improvements directly serving industrial property that is publicly owned or serving optioned propertyS. 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 propertyT. 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.
Miss. Code Ann. § 57-1-701