§ 99-1-503 — Authorization

(a) The commission shall contract with the board for the
design, construction and operation of the project in a manner
consistent with sections 4 and 5 of this act [§§ 99-1-504 and
99-1-505] and to administer the contract on behalf of the state
of Wyoming. If the contract is not completed by July 1, 1996,
the funds authorized for loan by this act [§§ 99-1-501 through
99-1-506] shall revert back to the permanent Wyoming mineral
trust fund. This contract shall be subject to review by the
select water committee.
(b) Upon execution of the contract outlined in section
3(a) of this act [§ 99-1-503(a)], the board may design and
construct the project in a manner consistent with the terms and
conditions outlined in the contract provided for in sections
3(a) and 4 of this act [§§ 99-1-503(a) and 99-1-504]. (Laws
1995, ch. 201, §§ 3a, 3b.)