Upon approval of a project, an agreement will be executed by and between the Board and each entity receiving assistance under the Resources Program. All closing documents must be fully executed prior to any disbursement of funds. MDA and the Board's attorney will prepare the necessary documents and allocate funding as directed by the Board for each project. Funds will be disbursed on a reimbursement or a services-rendered basis. Request for funds must be submitted on forms of requisition, available from MDA. Requisitions forms must be submitted in order to receive funds. The forms will be submitted to the Finance Committee for consideration and action.
2 Miss. Code. R. 701-1-106.03