Applicant-the sponsoring Louisiana port authority requesting financial assistance from DED under this program.
Award-funding approved under this program for eligible applicants.
Awardee-an applicant receiving an award under this program.
Capital Projects-include any port infrastructure development project including land acquisition and attendant development costs.
Cash-any asset on the port's records used for the project. Land's value will be determined by its appraised value.
DED-Louisiana Department of Economic Development.
In-Kind-any service, land or equipment, related to the project, donated to a port outside its legal entity.
Intermodal Infrastructure Development-refers to the provision of highway, rail, water or air access; and internal trans-loading or distribution facilities to property owned and maintained by a local port authority.
Program-the Port Development Program.
Project Priority List-a list of projects proposed by eligible applicants ranked for program funding by the Department of Economic Development.
Secretary-the Secretary of the Department of Economic Development.
La. Admin. Code tit. 13, § III-503