Section 99-1-303 - Authorization(a) The commission shall contract with the board for the design, permit procurement, construction and operation of the project in a manner consistent with Sections 4 and 5 of this act [§§ 99-1-304 and 99-1-305] and to administer the contract on behalf of the state of Wyoming. If the contract is not executed by July 1, 1991, the funds appropriated under this act shall revert to water development account I.(b) Upon execution of the contract outlined in Section 3(a) [§ 99-1-303(a)], the board may design, procure permits, construct and operate the project in a manner consistent with the terms and conditions outlined in the contract provided for in Sections 3(a) and 4 of this act [§§ 99-1-303(a) and 99-1-304] .(c) The contract specified in subsection 3(a) of this act [§ 99-1-303(a)] shall be revised. Prior to the completion of the revised contract, the commission and board shall complete an agreement outlining the disposition of any compensation which may be received by the board as part of any settlement or judgment granted to the board by court decree relating to the contamination at the existing water treatment plant site. Any compensation or reimbursement received by the commission shall be deposited into water development account I.Laws 1990, ch. 83, §§ 3a, 3b;1994, ch. 28, § 11.