Statutes, codes, and regulations
Wyoming Administrative Code
Agency 060 - Lands and Investments, Office ofSubagency 0002 - Land Commissioners, Board of
Chapter 6 - WIND ENERGY LEASING
Section 6-5 - Term of Leases

060-6 Wyo. Code R. § 6-5

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Current through April 27, 2019
Section 6-5 - Term of Leases

(a) Wind energy leases may be for any term, up to seventy-five (75) years, at the discretion of the Board.

(b) The Board shall set the term of the lease for a period that does not exceed the anticipated economic life of the lessee improvements for wind energy development.

(c) The Board may extend the lease term if the Board determines that the economic life of the proposed use has not been reached, provided:

  • (i) All of the criteria within this section of the rules are still met; and
  • (ii) The overall term of the lease does not exceed seventy-five (75) years,

(d) The Board shall include provisions within the wind energy lease that promote development within a reasonable time including, but not limited to, provisions which provide that the lease may be cancelled in whole or in part if development does not occur within a reasonable time.

060-6 Wyo. Code R. § 6-5