Rule 110-7-1-.05. Eligible Activities

Rule 110-7-1-.05. Eligible Activities

1. (1) Applicants must demonstrate that they have a viable competitive project and clearly identify the proposed use of the funding. Eligible uses of funds include, but are not limited to:

   1. a. rail access;
   2. b. road improvements;
   3. c. water and sewer improvements;
   4. d. site acquisition and development;
   5. e. drainage improvements;
   6. f. construction projects;
   7. g. capital outlay projects;
   8. h. planning services;
   9. i. technical assistance;
   10. j. agriculture and agribusiness;
   11. k. purchase or lease of equipment or other assets;
   12. l. regional industrial parks;
   13. m. regional facilities;
   14. n. specialized training or educational programs for regional specific industries;
   15. o. any other community or economic development and business assistance activity or purpose identified in O.C.G.A. § 50-8-3(b)(5) or O.C.G.A. § 50-8-8.
2. (2) It is important to note that the proposed use of REBA funds will dictate whether the funds can be granted directly to the applicant or if a lease agreement between the applicant and the participating business or private user will also be required.
3. (3) In general, public acquisition or improvements of public facilities such as water and sewer can be paid for by the applicant with REBA funds and do not require a lease agreement with the participating businesses. Where REBA funds are expended for the public acquisition and/or improvements of privately used land, buildings, machinery and equipment, or other private assets, such land, building, machinery and equipment, or other private assets must be owned or leased by the applicant and leased or subleased to the participating business or private user. REBA funds may also be loaned by the applicant to a participating business or private user for the purchase of land, buildings, machinery and equipment, or other private assets, the terms of which loan shall be determined by the Department. Repayment of such a loan would be made to the Department and used for other economic development projects and programs.
4. (4) The Department may require the applicant to recapture some or all of the REBA grant if ownership of the project assets are transferred to an entity other than the applicant. Additionally, should the participating business fail to meet the performance standards outlined in the Performance and Accountability Agreement, repayment of REBA funds by the participating business may be invoked as outlined in said agreement. The Department also reserves the right to establish criteria for recapture of grant funds upon transfer of project assets to an entity other than the applicant or upon any event that violates state law, the public purpose of the grant program, or failure to adhere to any of the grant conditions. All recaptured funds must be returned to the Department, unless otherwise specified by the Department.
5. (5) REBA funds may also be loaned by the applicant to a participating business or private user for the purchase of land, buildings, machinery and equipment, or other private assets, the terms of which loan shall be determined by the Department. Repayment of such a loan would be made to the Department and used for other economic development projects and programs.

Submitted: Grant description, same title, received Jun. 5, 1995.Submitted:Nov. 22, 1996.Submitted:Dec. 31, 1997.Submitted:May 29, 1998.Submitted: Grant description entitled "Review of Applications" received Nov. 7, 2007.

Authority: O.C.G.A. § 50-8-8.

History. Original Grant description entitled "Review of Grant Applications" submitted November 1, 1993.

Amended: Submitted February 25, 1994.

Amended: New title "Eligible Activities". Submitted Dec. 18, 2025.