Statutes, codes, and regulations
Wyoming Administrative Code
Agency 060 - Lands and Investments, Office ofSubagency 0003 - Loan and Investment Board
Chapter 38 - CAPITAL CONSTRUCTION LOANS
Section 38-4 - Eligible Applicants

060-38 Wyo. Code R. § 38-4

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Current through April 27, 2019
Section 38-4 - Eligible Applicants

(a) Political subdivisions are eligible for loans for infrastructure projects. In order to qualify for a loan, the political subdivision must be able to demonstrate the following:

  • (i) A commitment to adequately maintain the project for the duration of the loan; and,
  • (ii) All project costs will be funded at the time of receipt of the loan.

(b) Wyoming cities, towns, and counties are eligible for loans for street and road projects. In order to qualify for a loan, the city, town, or county must be able to demonstrate the following:

  • (i) A commitment to adequately maintain the project for the duration of the loan;
  • (ii) All project costs will be funded at the time of receipt of the loan;
  • (iii) All related infrastructure, including water and sewer is or will be in place at the time of receipt of the loan; and,
  • (iv) No outstanding loans exist under this Chapter for a street and road project.

(c) All projects must be owned by the entity applying for the loan.

(d) Applicants must be compliant with all applicable reporting requirements of the Wyoming Department of Audit and Wyoming Department of Revenue prior to the application being considered by the Board.

060-38 Wyo. Code R. § 38-4

Adopted, Eff. 11/13/2018.