§ 99-2-404 — Level III construction projects; rehabilitation

(a) Except as otherwise specifically provided, each Level
III rehabilitation construction project identified in this
section shall be subject to the following general conditions:
(i) Each sponsor shall offer security for the project
loan as deemed adequate and acceptable to the attorney general;
(ii) The commission shall establish repayment
schedules for project loans in accordance with the conditions
prescribed in this section;
(iii) Each sponsor shall establish a sinking fund for
repair and maintenance of the project as deemed appropriate by
the commission;
(iv) Each sponsor shall supervise design and
construction of the project and submit all requests for payment
to the commission for approval;
(v) Sponsors shall not make construction funding
commitments until after the commission has reviewed and approved
construction budgets and construction plans;
(vi) The commission shall make payments directly to
the sponsors;
(vii) The sponsor shall be responsible for operation
and maintenance of the project;
(viii) The sponsor is responsible for all project
expenditures in excess of the total project appropriation;
(ix) If the commission determines that any sponsor
has, without good cause, abandoned completion of the project,
that sponsor, in addition to being required to repay the loan,
shall be obligated to immediately repay the full amount of all
grant funds actually expended plus interest as established by
the state auditor in an amount equal to the interest that would
have accrued on the expended grant funds in the water
development account from the date of expenditure;
(x) Principal and interest payments made in repayment
of loans shall be deposited in water development account II.
Source notes for subsection (a): (Laws 1994, ch. 28, § 4a.)
(b) Project - Antelope Valley Storage Facility Project:
(i) Project sponsor: Antelope Valley Improvement and
Service District;
(ii) Project purpose: Domestic water supply;
(iii) Project description: Replacement and
enlargement of a storage facility, connection to the Crestview
system and appurtenances necessary to make the project function
in the manner intended;
(iv) Total project budget: Eight hundred fifty
thousand dollars ($850,000.00);
(v) Project loan: The state of Wyoming shall loan to
the sponsor from water development account II through the
commission for the design, permit procurement, project land
procurement, construction engineering and construction of the
project an amount not to exceed two hundred eighty thousand five
hundred dollars ($280,500.00) or thirty-three percent (33%) of
the actual development costs, whichever is less, for a term of
twenty-five (25) years from the date the commission determines
project benefits accrue to the sponsor, at an annual rate of
four percent (4%);
(vi) Project grant: The state of Wyoming shall grant
to the sponsor from water development account II through the
commission for the design, permit procurement, project land
procurement, construction engineering and construction of the
project an amount not to exceed five hundred sixty-nine thousand
five hundred dollars ($569,500.00) or sixty-seven percent (67%)
of the actual development costs, whichever is less;
(vii) Appropriation: There is appropriated from
water development account II to the commission eight hundred
fifty thousand dollars ($850,000.00) or as much thereof as is
necessary to carry out the purpose of this subsection.
Unexpended funds appropriated under this subsection shall revert
to water development account II on July 1, 1997.
Source notes for subsection (b): (Laws 1994, ch. 28, § 4b.)
(c) Project - Dixon Water Supply Project:
(i) Project sponsor: Town of Dixon;
(ii) Project purpose: Municipal and domestic water
supply;
(iii) Project description: Diversion structure,
infiltration gallery, wet well, pump station and appurtenances
necessary to make the project function in the manner intended;
(iv) Total project budget: Two hundred fifteen
thousand dollars ($215,000.00);
(v) Project loan: The state of Wyoming shall loan to
the sponsor from water development account II through the
commission for the design, permit procurement, project land
procurement, construction engineering and construction of the
project an amount not to exceed seventy thousand nine hundred
fifty dollars ($70,950.00) or thirty-three percent (33%) of the
actual development costs, whichever is less, for a term of
thirty (30) years from the date the commission determines
project benefits accrue to the sponsor, at an annual rate of
four percent (4%);
(vi) Project grant: The state of Wyoming shall grant
to the sponsor from water development account II through the
commission for the design, permit procurement, project land
procurement, construction engineering and construction of the
project an amount not to exceed one hundred forty-four thousand
fifty dollars ($144,050.00) or sixty-seven percent (67%) of the
actual development costs, whichever is less;
(vii) Appropriation: There is appropriated from
water development account II to the commission two hundred
fifteen thousand dollars ($215,000.00) or as much thereof as is
necessary to carry out the purpose of this subsection.
Unexpended funds appropriated under this subsection shall revert
to water development account II on July 1, 1997.
Source notes for subsection (c): (Laws 1994, ch. 28, § 4c.)
(d) Project - LeClair Lateral Project:
(i) Project sponsor: LeClair Irrigation District;
(ii) Project purpose: Irrigation water supply;
(iii) Project description: Improvements to
irrigation laterals and appurtenances necessary to make the
project function in the manner intended;
(iv) Total project budget: One million five hundred
thousand dollars ($1,500,000.00);
(v) Project grant: The state of Wyoming shall grant
to the sponsor from water development account II through the
commission for the purchase of project materials as supported by
vendor invoices and approved by the commission an amount not to
exceed seven hundred fifty thousand dollars ($750,000.00) or one
hundred percent (100%) of said material costs, whichever is
less;
(vi) Appropriation: There is appropriated from water
development account II to the commission seven hundred fifty
thousand dollars ($750,000.00) or as much thereof as is
necessary to carry out the purpose of this subsection.
Unexpended funds appropriated under this subsection shall revert
to water development account II on July 1, 1999;
(vii) Special conditions: The sponsor is responsible
for all costs related to project design, permit procurement,
land procurement, construction engineering and construction of
the project.
Source notes for subsection (d): (Laws 1994, ch. 28, § 4d.)
(e) Project - Riverton Valley Lateral Project:
(i) Project sponsor: Riverton Valley Irrigation
District;
(ii) Project purpose: Irrigation water supply;
(iii) Project description: Improvements to
irrigation laterals and appurtenances necessary to make the
project function in the manner intended;
(iv) Total project budget: Seven hundred thousand
dollars ($700,000.00);
(v) Project grant: The state of Wyoming shall grant
to the sponsor from water development account II through the
commission for the purchase of project materials as supported by
vendor invoices and approved by the commission an amount not to
exceed three hundred fifty thousand dollars ($350,000.00) or one
hundred percent (100%) of said material costs, whichever is
less;
(vi) Appropriation: There is appropriated from water
development account II to the commission three hundred fifty
thousand dollars ($350,000.00) or as much thereof as is
necessary to carry out the purpose of this subsection.
Unexpended funds appropriated under this subsection shall revert
to water development account I on July 1, 1999;
(vii) Special conditions: The sponsor is responsible
for all costs related to project design, permit procurement,
land procurement, construction engineering and construction of
the project.
Source notes for subsection (e): (Laws 1994, ch. 28, § 4e.)
(f) Project-Sleepy Hollow Well Replacement Project:
(i) Project sponsor: Central Campbell County
Improvement and Service District;
(ii) Project purpose: Domestic water supply;
(iii) Project description: Replacement of an existing
well and appurtenances necessary to make the project function in
the manner intended;
(iv) Total project budget: Three hundred
seventy-five thousand dollars ($375,000.00);
(v) Project loan: The state of Wyoming shall loan to
the sponsor from water development account II through the
commission for the design, permit procurement, project land
procurement, construction engineering and construction of the
project an amount not to exceed one hundred eighty-seven
thousand five hundred dollars ($187,500.00) or fifty percent
(50%) of the actual development costs, whichever is less, for a
term of twenty (20) years from the date the commission
determines project benefits accrue to the sponsor, at an annual
rate of four percent (4%);
(vi) Project grant: The state of Wyoming shall grant
to the sponsor from water development account II through the
commission for the design, permit procurement, project land
procurement, construction engineering and construction of the
project an amount not to exceed one hundred eighty-seven
thousand five hundred dollars ($187,500.00) or fifty percent
(50%) of the actual development costs, whichever is less;
(vii) Appropriation: There is appropriated from
water development account II to the commission three hundred
seventy-five thousand dollars ($375,000.00) or as much thereof
as is necessary to carry out the purpose of this subsection.
Unexpended funds appropriated under this subsection shall revert
to water development account II on July 1, 1996.
Source notes for subsection (f): (Laws 1994, ch. 28, § 4f.)