6 Miss. Code. R. 9-6.6
State statute allows Mississippi Forestry Facility Grant Program funds to be expended on forestry facility projects associated with publicly owned land (including public options) and infrastructure. For publicly owned land or infrastructure, all contracts and purchases must be made in accordance with normal bid and purchase laws of the state of Mississippi.
Forestry Facility Grant funds may be used for infrastructure activities on publicly owned or optioned land. Optioned land is defined in statute as industrial property that is subject to a real estate option to purchase contract entered into between an eligible entity and a real estate owner. Such option must be for a minimum of three (3) years, and the option price shall not exceed the appraised fair market value of the real estate.
6 Miss. Code. R. 9-6.6