§ 9-7-103 — Definitions

Wyoming § 9-7-103

• Jurisdiction: Wyoming
• Title 09: Administration of the Government
• Ch. 7: COMMUNITY DEVELOPMENT, AND SCIENCE, TECHNOLOGY
• Art. 1: COMMUNITY DEVELOPMENT AUTHORITY

Text

(a) As used in this act:
(i) "Authority" means the Wyoming community
development authority;
(ii) "Board" means the board of directors of the
Wyoming community development authority;
(iii) "Bonds" means notes, warrants, bonds, temporary
bonds and anticipation notes issued by the authority pursuant to
this act;
(iv) "Economic development project" means any land,
building or other improvement and all real and personal property
including machinery and equipment suitable for:
(A) Manufacturing, processing or assembling
agricultural or manufactured products;
(B) Storing, warehousing, distributing or
selling agricultural, mining or industrial products or any
related processes including research and development;
(C) Health care including any facility used or
occupied by any person for providing services in any home for
the elderly, any nursing home, rest home or facility providing
living space for the developmentally disabled or any person
sixty (60) years of age or older;
(D) Airports, parking facilities or storage or
training facilities directly related to any other facility
specified under this paragraph;
(E) Industrial park facilities;
(F) Sewage or solid waste disposal facilities;
(G) Facilities furnishing electric energy, gas
or water;
(H) Any other project which can be financed by a
municipality or county pursuant to the definition of project
under W.S. 15-1-701(a)(ii);
(J) Secondary, tertiary and enhanced mineral
recovery projects.
(v) "Financial institution" means any bank or savings
and loan association authorized to do business within this
state;
(vi) "Home improvement loan" means a loan of money
for the essential alteration, repair or improvement of an
existing home;
(vii) "Insurance fund" means the fund created under
W.S. 9-7-123;
(viii) "Care facility" means any governmental or
nonprofit hospital and may include any land, building, other
improvements or equipment and all real and personal, tangible or
intangible, property in connection therewith, or any interest
therein or combination thereof;
(ix) "Mortgage lender" means a bank, mortgage banking
company, trust company, savings bank, savings and loan
association, credit union, national banking association, federal
savings and loan association or federal credit union maintaining
an office in this state and authorized to make mortgage loans in
this state or an insurance company authorized to do business in
this state;
(x) "Project" means a care facility or a specific
residential housing project including any land, building, other
improvements or equipment and all real and personal, tangible or
intangible, property in connection therewith, or any interest
therein or combination thereof, or any portion of a project;
(xi) "Project cost" means the sum total of costs
which the authority deems necessary for financing and carrying
out a project;
(xii) "Real property" means lands, buildings,
improvements, fixtures, structures and interests in land,
including water rights and all appurtenances to the land;
(xiii) "Rehabilitation" means the repair,
reconstruction, remodeling or improvement of existing housing;
(xiv) "State" means the state of Wyoming;
(xv) "State agency" means any office or
instrumentality of the state;
(xvi) "This act" means W.S. 9-7-101 through 9-7-125.