060-2 Wyo. Code R. § 2-4
(a) Applicants. Agencies shall be eligible to apply for loans under this chapter. If the applicant is a special district or joint powers board, it must be legally formed and approved prior to loan application. Applicants must be in compliance with all applicable reporting requirements with the Wyoming Department of Audit and the Wyoming Department of Revenue prior to its application being considered by the Board.
(b) Purposes. Loans may be extended for agency purposes involving the planning, construction, acquisition, improvement, emergency repair, acquisition of land for, refinancing of existing debt for, and operation of revenue-generating public facilities.
(c) The Board may refinance any delinquent Joint Powers Act loan and reamortize the loan over not more than thirty (30) years from the date of the refinancing.
060-2 Wyo. Code R. § 2-4