(a) Applications. There are two (2) types of applications under this Chapter, Special Program and Core.
(b) Special Program loan applications are a pared down version of a Core loan application and these applications are the initial application for a Drinking Water State Revolving Fund Loan involving Special Program Incentives and/or requirements only. Separate Special Program loan applications shall be prepared for each eligible project involving Special Program Incentives and/or requirements. Applicants shall submit a Special Program loan application Part I on a form provided by the Director. Special Program loan applications must be timely submitted by applicants in advance of scheduled meetings of the Board. A Special Program loan application must be received by OSLI by close of business on the day of an application deadline to be considered timely submitted. Special Program loan applicants who are conditionally approved for project funding by the Board must complete Special Program loan application Part II within sixty (60) days of the Board's conditional approval. If applicants fail to timely complete their applications, the Board will be informed by the Director at the Board's next scheduled meeting. The Board reserves the right to revoke any conditional approval for lack of post award due diligence to timely completing a Part II application.
(c) Core Loan Applications. The second type of application for a Drinking Water State Revolving Fund loan is a Core loan application for a Core program loan. Separate Core loan applications shall be prepared for each eligible project. Applicants shall submit a Core loan application on a form provided by the Director. Applicants must timely submit Core loan applications on or before the established deadline in advance of scheduled meetings of the Board. An application must be received by OSLI by close of business on the day of an application deadline to be considered timely submitted.
(d) Public Meeting Requirement. All eligible applicants must hold a minimum of one public meeting in advance of submitting a Special Program or Core loan application for Board consideration. Notice of the public meeting is to be published in a local or regional newspaper fifteen (15) days prior to the same. The public meeting must provide the public an overview of the proposed project, financing and sustainability. The overview aspect of the public meeting must, at a minimum, address project scope, milestones and costs. The financing aspect of the public meeting must, at a minimum, address the financial impact of project costs upon the public. The sustainability aspect of the public meeting must, at a minimum, address revenue streams, adjustments of water and sewer rates or other sources required to sustain the proposed project. Eligible applicants must verify compliance with the public meeting requirement through documentation submitted with their Special Program or Core loan applications.
(e) Timing of Board Consideration. Special Program or Core loan applications must be received by the Director at least eighty (80) days prior to any scheduled meeting of the Board. Applicants must cure any defects in their applications no later than forty-five (45) calendar days before any scheduled meeting of the Board. The Board may consider Special Program or Core loan applications for loans under this Chapter at any scheduled meeting.
(f) Incomplete Loan Applications. Incomplete loan applications, those missing one or more of the information items requested and/or failing to meet established deadlines, shall not be presented to the Board for consideration.
060-16 Wyo. Code R. § 16-7
Amended, Eff. 5/12/2015.
Amended, Eff. 1/6/2017.