Section 16-1-108 – Obligations and Responsibilities of Participating Agencies.
16-1-108. Obligations and responsibilities of participating agencies. (a) No participating agency nor any legal entity created pursuant to this act shall construct, operate or maintain any facility or improvement other than for service to and use by the participating agencies and their resident customers, except for undertakings pursuant to W.S. 16-1-104(c)(xii). (b) No agreement pursuant […]
Section 16-1-109 – State Loan and Investment Board Loans; Amount; Interest; Security; Conditions.
16-1-109. State loan and investment board loans; amount; interest; security; conditions. (a) The state loan and investment board may negotiate and make loans to one (1) or more agencies, the University of Wyoming, or joint powers boards presently existing, permitted or created pursuant to the statutes, from the permanent mineral trust funds and other permanent […]
Section 16-1-110 – Loss Reserve Account Created; Deposits; Disposition of Funds.
16-1-110. Loss reserve account created; deposits; disposition of funds. (a) Revenues received by the state loan and investment board for deposit in the loss reserve account pursuant to W.S. 16-1-109(a) shall be transmitted to the state treasurer for deposit to the credit of the loss reserve account. Funds in the account shall be used for […]
Section 16-1-111 – Loans to Political Subdivisions; Requirements; Limitations; Rulemaking.
16-1-111. Loans to political subdivisions; requirements; limitations; rulemaking. (a) The state loan and investment board may negotiate and make loans from the permanent Wyoming mineral trust fund to political subdivisions of this state as provided in this section. The aggregate sum of all outstanding loans made under this section shall not exceed four hundred million […]
Section 16-1-103 – Definitions.
16-1-103. Definitions. (a) As used in this act: (i) “Agencies” means Wyoming counties, municipal corporations, school districts, community college districts, the cooperative tribal governing body, the business council of the Eastern Shoshone Tribe, the business council of the Northern Arapaho Tribe, joint powers boards formed pursuant to this act or special districts specifically involved in […]
Section 16-1-104 – Joint Powers, Functions and Facilities; City-County Airport Board; Eligible Senior Citizen Centers; Cooperative Public Transportation Programs.
16-1-104. Joint powers, functions and facilities; city-county airport board; eligible senior citizen centers; cooperative public transportation programs. (a) Any power, privilege or authority exercised or capable of being exercised by an agency may be exercised and enjoyed jointly with any other agency having a similar power, privilege or authority. No cost shall be incurred, debt […]
Section 16-1-105 – Joint Agreements.
16-1-105. Joint agreements. (a) Any two (2) or more agencies may enter into agreements with each other for joint or cooperative action pursuant to this act. No agreement hereunder nor amendment thereto is effective until: (i) The governing body of each participating agency has approved the agreement or amendment; (ii) The agreement or amendment is […]
Section 16-1-106 – Joint Powers Boards; Fiscal Manager.
16-1-106. Joint powers boards; fiscal manager. (a) An agreement pursuant to this act may create a joint powers board to conduct a joint or cooperative undertaking. A joint powers board shall consist of not fewer than five (5) members, all of whom shall be qualified electors of the counties in which the board operates. Members […]
Section 16-1-107 – Financing of Joint Projects.
16-1-107. Financing of joint projects. (a) Any joint project consisting of property or improvements or an interest therein to be owned by participating agencies or a joint powers board undertaken pursuant to this act may be financed: (i) By the contribution of funds from one (1) or more participating agencies which would be available to […]
Section 16-1-101 – Authority to Cooperate.
16-1-101. Authority to cooperate. In exercising, performing or carrying out any power, privilege, authority, duty or function legally vested in any one (1) or more of them by Wyoming law, the state of Wyoming, and any one (1) or more of its counties, municipal corporations, school districts, special districts, public institutions, agencies, boards, commissions and […]