Common Contracts
1 similar Memorandum of Understanding contracts
MEMORANDUM OF UNDERSTANDING BETWEENMemorandum of Understanding • August 9th, 2023
This Memorandum of Understanding (the ''MOU") is entered into between the Mississippi Department of Marine Resources (hereinafter "MDMR") and City of Pascagoula (hereinafter "COP") for the purpose of establishing the agreed upon conditions under which MDMR may allocate funds to COP for Drainage Improvements to Live Oak Corridor (“the Project”) pursuant to the Gulf of Mexico Energy Security Act of 2006, Public Law 109-432 (hereinafter "GOMESA"). This MOU is entered into pursuant to and subject to the terms of GOMESA and relates to MDMR funds obtained through GOMESA, in the amount of Two Million Dollars and No Cents ($2,000,000.00). The COP will use some or all of the funds, which will be provided on a reimbursement basis, to advance the Project.
