060-37 Wyo. Code R. §§ 37-4 - Eligible Applicants

(a) To be an eligible applicant, community colleges must be able to demonstrate:

(i) A commitment to adequately maintain the project for the term of the loan;

(A) A commitment to adequately maintain the project shall be demonstrated by:

(I) A resolution, adopted by the governing body of the community college, describing its commitment to maintain the project for at least the term of the loan and identifying a funding source for maintenance, and

(II) A maintenance plan.

(ii) All costs for the construction of the dormitory will be funded at the time of receipt of the loan.

(b) Applicants must be compliant with all applicable reporting requirements of the Community College Commission, State Budget Office, and Department of Audit prior to the application being considered by the Board.

Notes

060-37 Wyo. Code R. §§ 37-4

Emergency adopted, Eff. 10/12/2018. Amended, Eff. 11/13/2018. Adopted, Eff. 5/13/2021. Amended, Eff. 9/25/2023.