060-11 Wyo. Code R. §§ 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.
(b) 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.
(c) Interagency Consultation. The OSLI shall
facilitate interagency consultation with DEQ through the review of applications
for loans and Additional Subsidies 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.
Notes
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