§ 37-9-901 — City and county authority to acquire and lease railroad lines and to receive grants and loans

(a) Except as otherwise provided in this article, cities,
towns or counties within the state acting either singly or
jointly pursuant to the Wyoming Joint Powers Act are authorized
to:
(i) Purchase, own, improve, rehabilitate, maintain,
repair or replace railroad lines;
(ii) Lease or let any portion of the railroad lines
referred to in paragraph (a)(i) of this section to any private
person, company, corporation or carrier upon terms and
conditions and for either a fixed fee or a fee based on a
percentage of the revenue collected from the railroad operation
as determined by the governing body or bodies; and
(iii) Apply for and accept grants, loans or loan
guarantees as authorized by law to carry out the provisions of
this article.