085-1 Wyo. Code R. § 1-3
(a) "Board" means the Wyoming State Loan and Investment Board.
(b) "Community Development Organization" means a group of private citizens organized as a business entity authorized to do business in this state for the purpose of providing financing for new, existing, or expanding businesses and other economic or community development purposes throughout its community or county and which may take equity positions and shall take security positions in its borrower's business and appropriate personal guarantees from the owners thereof
(c) "Council" means the Wyoming Business Council Board of Directors.
(d) "Council staff means the staff of the Wyoming Business Council assigned to administer the program.
(e) "Eligible project costs" means total project cost, less ineligible project costs. Eligible project costs must be related to either 1) the expansion, renovation or remodeling of a surplus government facility and/or associated infrastructure or 2) expansion, renovation, conversion or purchase of an interest in a local enhancement to a school building or facility and/or associated infrastructure.
(f) "Ineligible project costs" are fixtures, appliances, equipment or other features of the facility which are not physically attached.
(g) "Local Enhancement to a School Building and Facility" means a structure and/or associated infrastructure which are in excess of and go beyond state school building adequacy standards.
(h) "Match" means cash and/or in-kind contributions. Contributions must have value and must be applicable to the period to which the matching requirement applies and must be necessary for the project facility. Examples of in-kind contributions include: labor, materials, professional services, and real estate. In-kind contributions must be verifiable from the records of applicant. These records must show how the value placed on in-kind contributions was derived. Labor services will be reported using rates consistent with those ordinarily paid by the applicant or other employers for similar work in the same labor market. Donated materials will be valued at market value at the time of donation. Loaned equipment will be valued at the fair rental rate of the equipment at the time of donation. The value of donated facilities, buildings or land will be established using a valuation method set by an independent appraiser or a market analysis prepared by a licensed realtor.
(i) "State Development Organization" means a corporation organized under W.S. 17-11-101 through 17-11-120 with the authority to provide financing for new, existing or expanding businesses, and to fulfill other economic or community development purposes throughout the state of Wyoming, and which may take equity positions and shall take security positions in its borrowers' businesses and appropriate personal guarantees from the owners thereof.
(j) "Revenue generating project" means real property developed with Business Ready Community funds owned either by applicant or created partnership with a private party which generates revenue from user fees, assessments paid by the beneficiaries of the facility, lease payments, or the proceeds from the sale of real property.
(k) "Special Assistance Loan Fund" is a special assistance loan fund that allows applicants to borrow funds in excess to the maximum award and/or borrow all or a portion of the required match.
085-1 Wyo. Code R. § 1-3