(a)
- (1) Eligible applicants are an Arkansas public port authority or public intermodal authority with facilities located on the Arkansas, Mississippi, Ouachita, White, or Red Rivers.
- (2) A port facility can include an intermodal facility and maritime-related industrial park infrastructure development.
(b)
- (1) Eligible projects are construction, improvement, capital facility rehabilitation, and expansion of a public port facility.
- (2) Dredging projects are also eligible.
- (c) Planning projects and feasibility studies shall not be eligible.
- (d) Funds granted may not exceed ninety percent (90%) of the cost of construction or fifty percent (50%) of dredging costs.
- (e) Eligible projects may be projects that were completed within a year prior to the grant application.