Section 11-7 - Evaluation (a) Criteria. The Board shall evaluate applications utilizing the following criteria: - (i) Whether the applicant is current on all its repayment obligations to the Board;
- (ii) Whether the applicant's dedicated source of revenue is acceptable to the Board and will be sufficient to repay its requested loan;
- (iii) Whether the applicant is ready to proceed with construction or implementation of the project;
- (iv) Whether the applicant has established an adequate operations and maintenance costs fund for the project for which applicant seeks funding;
- (v) Whether the applicant has made a significant commitment of funding resources for the project for which it seeks funding;
- (vi) The percentage of the applicant's population directly served by the project;
- (vii) The project's priority rank on the current intended use plan (IUP); and
- (viii) Whether the project is appropriately sized for the population to be served by the project.
- (ix) If assessments are included as part of the dedicated source of repayment, applicant shall establish an annual assessment equal to, or greater than, the amount of the annual debt service payment on the loan. This assessment schedule will be filed with the County Assessor's Office on or before February 15th of each year for the full term of the loan, a copy of which will be sent to the OSLI annually.
(b) Interagency Consultation. The OSLI shall facilitate interagency consultation with DEQ through the review of applications for loans and Special Program Incentives and the opportunity to provide comments to the Director for Board consideration. The Board shall request the DEQ to provide the services required under W.S. 16-1-201 through W.S. 16-1-207.
060-11 Wyo. Code R. § 11-7