reglab/statecodes huggingface dataset:
2023 Wyoming Statutes › Title 15 - Cities and Towns › Chapter 9 - Urban Renewal › Article 1 - Urban Development › Section 15-9-122 - Bonds; Provisions Inapplicable; Tax Exemption.

15-9-122. Bonds; provisions inapplicable; tax exemption.
(a) Revenue bonds issued under this chapter:
(i) Do not constitute an indebtedness within the meaning of any constitutional or statutory debt limitation or restriction;
(ii) Are not subject to the provisions of any other law or charter relating to the authorization, issuance or sale of bonds.
(b) Bonds issued under this chapter are for an essential public and governmental purpose and, together with interest thereon and income therefrom, are exempt from all taxes.
2023 Wyoming Statutes › Title 15 - Cities and Towns › Chapter 9 - Urban Renewal › Article 1 - Urban Development › Section 15-9-123 - Bonds; Resolution or Ordinance; Characteristics.

15-9-123. Bonds; resolution or ordinance; characteristics.
Bonds issued under this chapter shall be authorized by resolution or ordinance of the local governing body. The bonds may be issued in one (1) or more series and shall bear the date or dates, be payable upon demand or mature at the time or times, bear interest at the rate or rates, be in the denomination or denominations and form, either with or without coupon or registered, carry conversion or registration privileges, have the rank or priority, be executed in a manner and payable in a medium of payment at the place or places, be subject to the terms of redemption (with or without premium), be secured in the manner and have other characteristics as may be provided by the resolution or ordinance or trust indenture or mortgage issued pursuant thereto.
2023 Wyoming Statutes › Title 15 - Cities and Towns › Chapter 9 - Urban Renewal › Article 1 - Urban Development › Section 15-9-124 - Bonds; Sale or Exchange.

15-9-124. Bonds; sale or exchange.
Bonds may be sold at not less than par at public sales held after notice published prior to the sale in a newspaper having a general circulation in the area of operation and in any other medium of publication as the municipality determines or may be exchanged for other bonds on the basis of par. However, the bonds may be sold to the federal government at a private sale at not less than par. If less than all of the authorized principal amount on the bonds is sold to the federal government, the balance may be sold at private sale at not less than par at an interest cost to the municipality or not to exceed the interest cost to the municipality of the portion of the bonds sold to the federal government.
2023 Wyoming Statutes › Title 15 - Cities and Towns › Chapter 9 - Urban Renewal › Article 1 - Urban Development › Section 15-9-125 - Bonds; Signatures and Negotiability.

15-9-125. Bonds; signatures and negotiability.
If any of the public officials of the municipality whose signatures appear on any bonds or coupons issued under this chapter cease to be officials before the delivery of the bonds, the signatures are valid and sufficient for all purposes, the same as if the officials had remained in office until the delivery. Any provision of any law to the contrary notwithstanding, any bonds issued pursuant to this chapter are fully negotiable.
2023 Wyoming Statutes › Title 15 - Cities and Towns › Chapter 9 - Urban Renewal › Article 1 - Urban Development › Section 15-9-126 - Bonds; Recitation Thereon.

15-9-126. Bonds; recitation thereon.
In any suit, action or proceeding involving the validity or enforceability of any bond issued under this chapter or the security therefor, the bond reciting in substance that it has been issued by the municipality in connection with an urban renewal project, as defined in W.S. 15-9-103 is conclusively deemed to have been issued for that purpose and the project is conclusively deemed to have been planned, located and carried out in accordance with the provisions of this chapter.
2023 Wyoming Statutes › Title 15 - Cities and Towns › Chapter 9 - Urban Renewal › Article 1 - Urban Development › Section 15-9-127 - General Obligation Bonds; Purposes; Authorization; Approval; Characteristics; Other Provisions Unaffected.

15-9-127. General obligation bonds; purposes; authorization; approval; characteristics; other provisions unaffected.
(a) In addition to the authority to issue bonds pursuant to W.S. 15-9-119, any municipality may issue general obligation bonds for the urban renewal purposes specified in subsection (b) of this section and subject to the requirements thereof and the requirements of the constitution and any other applicable laws.
(b) General obligation bonds issued by a municipality for the purposes of aiding in the planning, undertaking or carrying out of any urban renewal project and related activities of a municipality, its board or commission, or its agency under this chapter shall be authorized by resolution or ordinance of the local governing body and shall be approved by a vote of the people residing in the issuing governmental unit at an election called, conducted, canvassed and returned in the manner provided for bond elections by the Political Subdivision Bond Election Law, W.S. 22-21-101 through 22-21-112.
(c) The bonds shall bear any characteristics as may be provided by the resolution or ordinance or trust indenture or mortgage issued pursuant thereto, including the characteristics specified in W.S. 15-9-123. Nothing in this section limits or otherwise adversely affects any other section of this chapter.
2023 Wyoming Statutes › Title 15 - Cities and Towns › Chapter 9 - Urban Renewal › Article 1 - Urban Development › Section 15-9-128 - Investment of Funds in Bonds Authorized; Duty of Care.

15-9-128. Investment of funds in bonds authorized; duty of care.
(a) Anyone carrying on a banking or investment business or an insurance business and all fiduciaries may legally invest any monies or other funds belonging to them or within their control in any bonds or other obligations issued by a municipality pursuant to this chapter.
(b) It is the purpose of this section to authorize any persons, political subdivisions and officers, public or private, to use any funds owned or controlled by them for the purchase of any such bonds or other obligations.
(c) Nothing contained in this section with regard to legal investments shall be construed as relieving any person of any duty of exercising reasonable care in selecting securities.
2023 Wyoming Statutes › Title 15 - Cities and Towns › Chapter 9 - Urban Renewal › Article 1 - Urban Development › Section 15-9-129 - Exemption of Property From Execution; Exception.

15-9-129. Exemption of property from execution; exception.
All property of a municipality or agency, including funds owned or held by it for the purposes of this chapter, are exempt from levy and sale by virtue of any execution. No execution or other judicial process shall issue against the property nor shall judgment against a municipality or agency be a charge or lien upon the property. The provisions of this section do not apply to or limit the right of obligees to pursue any remedies for the enforcement of any pledge or lien given pursuant to this chapter by a municipality or agency on its rents, fees, grants or revenues from urban renewal projects.
2023 Wyoming Statutes › Title 15 - Cities and Towns › Chapter 9 - Urban Renewal › Article 1 - Urban Development › Section 15-9-130 - Exemption of Property From Taxation; Termination Thereof.

15-9-130. Exemption of property from taxation; termination thereof.
The property of a municipality or agency acquired or held for the purposes of this chapter, is public property used for essential public and governmental purposes. The property is exempt from all taxes of the municipality, the county, the state or any political subdivision thereof. However, the tax exemption terminates if the municipality or agency sells, leases or otherwise disposes of the property in any urban renewal area to a purchaser or lessee which is not a public body entitled to tax exemption for the property.
2023 Wyoming Statutes › Title 15 - Cities and Towns › Chapter 9 - Urban Renewal › Article 1 - Urban Development › Section 15-9-131 - Powers of Municipality, Public Body in Aiding Project.

15-9-131. Powers of municipality, public body in aiding project.
(a) To aid in the planning, undertaking or carrying out of an urban renewal project and related activities authorized by this chapter located within the area in which it is authorized to act, any public body or municipality, upon terms and with or without consideration as it determines, may:
(i) Dedicate, sell, convey or lease any of its interest in any property or grant easements, licenses or other rights or privileges therein to a municipality;
(ii) Incur the entire expense of any public improvements it makes in exercising the powers granted in this section;
(iii) Do any and all things necessary to aid or cooperate in the planning or carrying out of an urban renewal plan;
(iv) Lend, grant or contribute funds to a municipality;
(v) Enter into agreements (which may extend over any period, notwithstanding any provision or rule of law to the contrary) with the federal government, a municipality or any other public body respecting action to be taken pursuant to any of the powers granted by this chapter, including the furnishing of funds or other assistance in connection with an urban renewal project and related activities;
(vi) Borrow money and apply for and accept any form of financial assistance from any source;
(vii) Furnish any public buildings and public facilities or any other works which it is otherwise empowered to undertake;
(viii) Furnish, dedicate, close, vacate, pave, install, grade, regrade, plan or replan streets, roads, sidewalks, ways or other places;
(ix) Plan or replan, zone or rezone any part of the public body or make exceptions from building regulations; and
(x) Cause administrative and other services to be furnished to the municipality.
(b) If at any time title to or possession of any urban renewal project is held by any public body or governmental agency, other than the municipality which is authorized by law to engage in the undertaking, carrying out or administration of urban renewal projects and related activities (including any agency or instrumentality of the United States of America), the provisions of the agreements referred to in this section inure to the benefit of and may be enforced by the public body or governmental agency.
(c) Any sale, conveyance, lease or agreement pursuant to this section may be made by a public body without appraisal, public notice, advertisement or public bidding.
(d) As used in this section, "municipality" includes an urban renewal agency vested with all of the urban renewal project powers pursuant to W.S. 15-9-133.
2023 Wyoming Statutes › Title 15 - Cities and Towns › Chapter 9 - Urban Renewal › Article 1 - Urban Development › Section 15-9-132 - Instruments Presumed Properly Executed.

15-9-132. Instruments presumed properly executed.
Any instrument executed by a municipality and purporting to convey the right, title or interest in any property under this chapter is conclusively presumed to have been executed in compliance with the provisions hereof insofar as title or other interest of any bona fide purchasers, lessees or transferees of the property is concerned.
2023 Wyoming Statutes › Title 15 - Cities and Towns › Chapter 9 - Urban Renewal › Article 1 - Urban Development › Section 15-9-133 - Exercise of Powers; Delegation and Scope Thereof; Exceptions.

15-9-133. Exercise of powers; delegation and scope thereof; exceptions.
(a) A municipality may itself exercise its urban renewal powers as specified in this chapter.
(b) As used in this section, "urban renewal powers," when applied to their exercise by the urban renewal agency, include the rights, powers, functions and duties of a municipality set forth in this chapter, except the following:
(i) The determination of an area to be a slum or blighted area or combination thereof and the designation of an area as appropriate for an urban renewal project;
(ii) Approval of urban renewal plans and modifications thereof;
(iii) General neighborhood renewal plans and communitywide plans or programs for urban renewal;
(iv) Establishment of a general plan for the locality as a whole;
(v) The power to formulate a workable program under W.S. 15-9-105.
(c) A municipality shall not delegate to an urban renewal agency or a board or commission, the power to acquire by condemnation real property within the boundaries of an urban renewal area.
2023 Wyoming Statutes › Title 15 - Cities and Towns › Chapter 9 - Urban Renewal › Article 1 - Urban Development › Section 15-9-134 - Agency; Creation; Board of Commissioners; Appointment; Compensation; Actions and Procedure; Removal.

15-9-134. Agency; creation; board of commissioners; appointment; compensation; actions and procedure; removal.
(a) There is created in each municipality a public body corporate and politic to be known as the "urban renewal agency" of the municipality. The urban renewal agency shall not exercise its powers under this chapter until or unless the local governing body has made the finding prescribed in W.S. 15-9-106 and has elected to have urban renewal powers exercised by an urban renewal agency as provided in W.S. 15-9-133.
(b) The mayor, by and with the consent and advice of the local governing body, shall appoint a board of five (5) commissioners of the urban renewal agency selected on the basis of their interest in and knowledge of community planning, urban renewal and business management. Any person may be appointed as commissioner if he resides within the area of operation of the agency (which shall have the same bounds or limits as the area of operation of the municipality) and is otherwise eligible for appointment under this chapter. The original appointment of commissioners shall be as follows: one (1) for a term of one (1) year; one (1) for a term of two (2) years; one (1) for a term of three (3) years; one (1) for a term of four (4) years; and one (1) for a term of five (5) years. Thereafter each appointment shall be for a term of five (5) years.
(c) Each commissioner shall hold office until his successor is appointed and qualified. A certificate of the appointment or reappointment of any commissioner shall be filed with the clerk of the municipality and the certificate is conclusive evidence of the commissioner's due and proper appointment.
(d) A commissioner shall receive no compensation for his services but is entitled to necessary expenses incurred in the discharge of his duties. No commissioner or other officer of any urban renewal agency, board or commission exercising powers pursuant to this chapter shall hold any other public municipal office for which compensation is received.
(e) The powers of an urban renewal agency shall be exercised by the commissioners thereof. A majority of the commissioners constitute a quorum for all purposes. Action may be taken by the agency upon a vote of a majority of the commissioners present, unless in any case the bylaws require a larger number. Annually, at the first meeting, the board of commissioners shall elect its officers. Each officer shall hold office for a term of one (1) year and until his successor is elected and qualified.
(f) A commissioner may be removed from office for inefficiency, neglect of duty or misconduct in office only after:
(i) A hearing;
(ii) He has been given a copy of the charges at least ten (10) days prior to the hearing; and
(iii) He has had an opportunity to be heard in person or by counsel.
2023 Wyoming Statutes › Title 15 - Cities and Towns › Chapter 9 - Urban Renewal › Article 1 - Urban Development › Section 15-9-135 - Agency; Staff.

15-9-135. Agency; staff.
An agency may employ an executive director, technical experts and any other agents and employees it requires and determine their qualifications, duties and compensation. An agency may also employ or retain its own counsel and legal staff.
2023 Wyoming Statutes › Title 15 - Cities and Towns › Chapter 9 - Urban Renewal › Article 1 - Urban Development › Section 15-9-136 - Agency; Annual Reports.

15-9-136. Agency; annual reports.
An agency authorized to transact business and exercise powers under this chapter shall file with the local governing body on or before May 31 of each year a report of its activities for the preceding calendar year. The report shall include a complete financial statement setting forth its assets, liabilities, income and operating expenses as of the end of that calendar year. At the time of filing the report, the agency shall publish in a newspaper of general circulation in the community a notice to the effect that the report has been filed with the municipality and is available for inspection during business hours in the office of the clerk of the municipality and in the office of the agency.
2023 Wyoming Statutes › Title 15 - Cities and Towns › Chapter 9 - Urban Renewal › Article 1 - Urban Development › Section 15-9-137 - Voluntary Conflicts of Interest Prohibited; Disclosure of Involuntary Conflicts; Violation.

15-9-137. Voluntary conflicts of interest prohibited; disclosure of involuntary conflicts; violation.
No public official or employee of a municipality, or board or commission thereof, and no commissioner or employee of an urban renewal agency vested by a municipality with urban renewal project powers under W.S. 15-9-133 shall voluntarily acquire any personal interest, direct or indirect, in any urban renewal project, or in any property included or planned to be included in any urban renewal project of that municipality or in any contract or proposed contract in connection with that urban renewal project. If the acquisition is not voluntary, the interest acquired shall be immediately disclosed in writing to the local governing body, and the disclosure shall be entered upon the minutes thereof. If any official, commissioner or employee presently owns or controls, or owned or controlled within the preceding two (2) years, any interest, directly or indirectly, in any property which he knows is included or planned to be included in any urban renewal project, he shall immediately disclose this fact in writing to the local governing body. The disclosure shall be entered upon the minutes of the governing body, and no such official, commissioner or employee shall participate in any action by the municipality, or board or commission thereof, or urban renewal agency, affecting the property. Any disclosure required to be made by this section to the local governing body shall concurrently be made to an urban renewal agency which has been vested with urban renewal project powers by the municipality pursuant to this chapter. Any violation of the provisions of this section constitutes misconduct in office.
2023 Wyoming Statutes › Title 15 - Cities and Towns › Chapter 9 - Urban Renewal › Article 2 - Downtown Development Authority › Section 15-9-201 - Declarations.

15-9-201. Declarations.
(a) The Wyoming legislature declares that the organization of downtown development authorities having the purposes and powers provided in this act will serve a public use; will promote the health, safety, prosperity, security and general welfare of the inhabitants thereof and of the people of this state, will halt or prevent deterioration of property values or structures within central business districts, will halt or prevent the growth of blighted areas within such districts, and will assist municipalities in the development and redevelopment of such districts and in the overall planning to restore or provide for the continuance of the health thereof, and will be of especial benefit to the property within the boundaries of any authority created pursuant to the provisions of this article.
(b) The Wyoming legislature determines, finds and declares that because of a number of atypical factors and special conditions concerning downtown development unique to each locality, the rule of strict construction shall have no application to this article, but it shall be liberally construed to effect the purposes and objects for which it is intended.
2023 Wyoming Statutes › Title 15 - Cities and Towns › Chapter 9 - Urban Renewal › Article 2 - Downtown Development Authority › Section 15-9-203 - Powers of Governing Body; Creation of Authority; Status Thereof.

15-9-203. Powers of governing body; creation of authority; status thereof.
A municipality may itself exercise the powers specified in this article, or if the governing body, by resolution, determines it to be in the public interest, it may elect to create and establish a downtown development authority, pursuant to the provisions of this article. The authority shall have all the powers provided in this article that are authorized by the ordinance authorizing the authority, or any amendment thereto. When established, the authority shall be a body corporate and capable of being a party to suits, proceedings and contracts the same as municipalities in this state. The authority may be dissolved by ordinance of the governing body, if there is no outstanding indebtedness of the authority or if adequate provision for the payment of such indebtedness is provided.
2023 Wyoming Statutes › Title 15 - Cities and Towns › Chapter 9 - Urban Renewal › Article 2 - Downtown Development Authority › Section 15-9-204 - Organizational Procedure.

15-9-204. Organizational procedure.
(a) Upon petition of twenty-five percent (25%) of the persons owning nonresidential property within the proposed district and following a public hearing, if the governing body of a municipality determines it is necessary to establish a downtown development authority for the public health, safety, prosperity, security and welfare and to carry out the purposes of an authority as stated in W.S. 15-9-201, it may by ordinance establish a downtown development authority. In the ordinance, the governing body shall state the boundaries of the downtown development district, as set forth in the original petition requesting the establishment of a downtown development authority within which the authority shall exercise its powers. Upon request of the governing body, the petitioners may submit an amended petition which modifies the boundaries of the district. The boundaries of the downtown development authority shall be certified to the county assessor of the county in which the municipality is located within sixty (60) days after formation of the district.
(b) Any ordinance creating a downtown development authority shall provide that any ordinance or resolution by which bonds are issued pursuant to this article shall specify the maximum net effective interest rate of such bonds.
2023 Wyoming Statutes › Title 15 - Cities and Towns › Chapter 9 - Urban Renewal › Article 2 - Downtown Development Authority › Section 15-9-205 - Board; Appointment; Membership; Terms; Vacancies.

15-9-205. Board; appointment; membership; terms; vacancies.
(a) The affairs of the authority shall be under the direct supervision and control of a board consisting of not less than five (5) nor more than eleven (11) members appointed by the governing body. A majority of the members appointed shall reside, be a lessee or own property in the downtown development district.
(b) The board shall be constituted as follows:
(i) At least one (1) member shall be a member of the governing body, appointed to serve at the pleasure of the governing body;
(ii) Two (2) members shall be appointed for terms expiring June 30 of the year following the date of the ordinance adopted by the governing body establishing the authority;
(iii) Two (2) members shall be appointed for terms expiring June 30 of the second year following the date of the ordinance adopted by the governing body establishing the authority;
(iv) Two (2) members, if the board consists of seven (7) or more members, shall be appointed for terms expiring June 30 of the third year following the date of the ordinance adopted by the governing body establishing the authority;
(v) All other members shall be appointed for terms expiring June 30 of the fourth year following the date of the ordinance adopted by the governing body establishing the authority.
(c) A member shall hold office until his successor has been appointed and qualified. After the terms of the initial members of the board have expired, the terms of all members (except any member who is a member of the governing body) shall expire four (4) years from the expiration date of the terms of their predecessors. Appointments to fill vacancies shall be for the unexpired term. In any municipality in which the charter provides that the appointive authority is the mayor, the mayor shall make appointments to the board.
2023 Wyoming Statutes › Title 15 - Cities and Towns › Chapter 9 - Urban Renewal › Article 2 - Downtown Development Authority › Section 15-9-206 - Board; Qualifications; Oath of Office; Rules of Procedure; Meetings; Reimbursement; Removal.

15-9-206. Board; qualifications; oath of office; rules of procedure; meetings; reimbursement; removal.
(a) A majority of the members of the board, except any member from the governing body, shall reside, be a lessee or own real property in the downtown development district within the municipality in which the authority is located. An officer or director of a corporation having its place of business in the downtown development district shall be eligible for appointment to the board. No officer or employee of the municipality where the authority is located, other than any appointee from the governing body, shall be eligible for appointment to the board. Within thirty (30) days after the occurrence of a vacancy, the governing body, except as provided in W.S. 15-9-205(c), shall appoint a successor.
(b) Before assuming the duties of the office, each appointed member shall qualify by taking and subscribing to the oath of office required of officials of the municipality.
(c) The board shall adopt and promulgate rules governing its procedure, including election of officers. The rules shall be filed in the office of the clerk of the governing body. The board shall hold regular or special meetings in the manner provided in the rules of the board. All meetings of the board shall be open to the public except those dealing with land acquisition or sales, personnel matters or legal matters. Members of the board shall serve without compensation, but they may be reimbursed for actual and necessary expenses.
(d) After notice and an opportunity to be heard, an appointed member of the board may be removed for cause by the governing body.
2023 Wyoming Statutes › Title 15 - Cities and Towns › Chapter 9 - Urban Renewal › Article 2 - Downtown Development Authority › Section 15-9-208 - Plan of Development; Procedure for Approval; Public Hearings; Notice Thereof; Findings of Governing Body.

15-9-208. Plan of development; procedure for approval; public hearings; notice thereof; findings of governing body.
(a) An authority shall not actually undertake a development project for a development area unless the governing body, by resolution, has first approved the plan of development which applies to the development project.
(b) Prior to its approval of a plan of development, the governing body shall submit the plan to the planning board of the municipality, if any, for review and recommendations. The planning board shall submit its written recommendations with respect to the proposed plan of development to the governing body within thirty (30) days after receipt of the plan for review. Upon receipt of the recommendations of the planning board or, if no recommendations are received within thirty (30) days, the governing body may proceed with the hearing on the proposed plan of development prescribed by subsection (c) of this section.
(c) The governing body shall hold a public hearing on a plan of development or substantial modification of an approved plan of development after public notice by one (1) publication during the week immediately preceding the hearing, in a newspaper having a general circulation in the municipality. The notice shall describe the time, date, place and purpose of the hearing, shall generally identify the plan of development area covered by the plan and shall outline the general scope of the development project under consideration.
(d) Following the hearing, the governing body may approve a plan of development if it finds there is a need to take corrective measures in order to halt or prevent deterioration of property values or structures within the development area or to halt or prevent the growth of blighted areas therein, or any combination thereof, and if it further finds that the plan will afford maximum opportunity, consistent with the sound needs and plans of the municipality as a whole, for the development or redevelopment of the development area by the authority and by private enterprise.
2023 Wyoming Statutes › Title 15 - Cities and Towns › Chapter 9 - Urban Renewal › Article 2 - Downtown Development Authority › Section 15-9-210 - Authorization of Bonds; Determination of Costs; Expenditure of Proceeds.

15-9-210. Authorization of bonds; determination of costs; expenditure of proceeds.
(a) By ordinance adopted by the governing body at a regular or special meeting, by a vote of a majority of the members of the governing body, the municipality may issue bonds, payable solely from taxes pledged pursuant to W.S. 15-9-207, to pay all or any part of the cost of any project or for furthering any purpose of this article.
(b) The governing body, in determining such costs, may include all costs and estimated costs of the issuance of the bonds; all engineering, inspection, fiscal and legal expenses; any discount on the sale of the bonds; the cost of any financial, professional or other expert advice; contingencies; any administrative, operating or other expenses of the municipality incurred pursuant to the issuance of the bonds, as may be determined by the governing body; all other expenses as may be necessary or incident to the financing, acquisition, improvement, equipment and completion of any development project or for furthering any purpose of this article; sufficient provision of reserves for working capital, operation, maintenance or replacement expense, or for payment or security of principal of or interest on any bonds during or after an acquisition or improvement, and equipment, as the governing body may determine; and reimbursements to any governmental agency or instrumentality for any monies expended pursuant to agreement on any project or for furthering any purpose of this article.
(c) In each project financed by the proceeds of bonds issued under this article, the governing body shall determine the costs of, and may budget a percentage of bond proceeds for, operation and administration of the project.
(d) The proceeds of the bonds may be expended by the municipality or, with the consent of the municipality, by the authority as agent for, and on behalf of, the municipality. If the proceeds of the bonds are applied for the acquisition of real or personal properties, the governing body may:
(i) Retain title to the properties in its own name, and lease or grant licenses or privileges in the properties to the authority in order that the authority may, as principal or agent, exercise its powers with respect to the properties; or
(ii) Convey title to the properties to the authority for such consideration and subject to such terms and conditions as the governing body may prescribe without regard to any restriction, limitation or condition otherwise imposed by statute on the sale or disposition of the properties by a municipality.
2023 Wyoming Statutes › Title 15 - Cities and Towns › Chapter 9 - Urban Renewal › Article 2 - Downtown Development Authority › Section 15-9-213 - Revenue Bonds.

15-9-213. Revenue bonds.
In addition to the bonds authorized pursuant to W.S. 15-9-212, the municipality may issue revenue bonds payable solely from legally available nontax revenues of the municipality. Except for the foregoing, bonds shall be issued pursuant to all the other provisions of W.S. 15-9-211. However, revenue bonds issued pursuant to this section shall not constitute an indebtedness of the municipality within the meaning of any constitutional or statutory limitations but an election of the qualified electors of the municipality shall be required for the issuance thereof. The election shall be called, conducted, canvassed and returned in the manner provided for bond elections by the Political Subdivision Bond Election Law, W.S. 22-21-101 through 22-21-112. Each revenue bond issued pursuant to this section shall recite in substance that the bond, including interest thereon, is payable solely from the nontax revenues or special funds pledged to the payment thereof and the bond does not constitute a debt of the municipality within the meaning of any constitutional or statutory limitations.
2023 Wyoming Statutes › Title 15 - Cities and Towns › Chapter 9 - Urban Renewal › Article 2 - Downtown Development Authority › Section 15-9-215 - Limitation of Actions.

15-9-215. Limitation of actions.
After thirty (30) days from the effective date of any ordinance or resolution authorizing the issuance of bonds pursuant to this article, all actions or suits challenging its findings, determinations or contents or challenging the validity of the bonds shall be perpetually barred.
2023 Wyoming Statutes › Title 15 - Cities and Towns › Chapter 9 - Urban Renewal › Article 2 - Downtown Development Authority › Section 15-9-216 - Rights and Powers of Bondholders.

15-9-216. Rights and powers of bondholders.
(a) Subject to any contractual limitations binding upon the holders of any issue of bonds or trustee therefor, including but not limited to the restriction of the exercise of any remedy to a specified proportion or percentage of the holders, any holder of bonds or trustee therefor has the right and power, for the equal benefit and protection of all holders of bonds similarly situated:
(i) By an action in the nature of mandamus or other suit, action or proceeding at law or in equity to enforce his rights against the municipality and to require and compel the governing body to perform its duties and obligations under this article and its covenants and agreements with the bondholders;
(ii) By action or suit in equity to require the governing body to account as if they were the trustees of an express trust;
(iii) By action or suit in equity to enjoin any acts or things which may be unlawful or in violation of the rights of the bondholders;
(iv) To bring suit upon the bonds.
(b) No right or remedy conferred by this article upon any holder of bonds or any trustee therefor is intended to be exclusive of any other right or remedy, but each such right or remedy is cumulative and in addition to every other right or remedy and may be exercised without exhausting and without regard to any other remedy conferred by this article or by any other law.
2023 Wyoming Statutes › Title 15 - Cities and Towns › Chapter 9 - Urban Renewal › Article 2 - Downtown Development Authority › Section 15-9-218 - Authority to Adopt Budget; Sources of Finance.

15-9-218. Authority to adopt budget; sources of finance.
(a) The authority shall adopt a budget for each fiscal year, shall maintain accounts, and shall cause an annual audit, or other oversight in accordance with rules applicable to special districts under W.S. 9-1-507(a)(iii), to be made pertaining to the fiscal affairs of the authority. Administrative review of the proposed budget shall be in accordance with the policies of each municipality, prior to submission of the proposed budget to the governing body for approval.
(b) The operations of the authority shall be principally financed from the following sources and such other sources as may be approved by the governing body:
(i) Donations to the authority;
(ii) Monies borrowed and to be repaid from other funds received under the authority of this article.
2023 Wyoming Statutes › Title 15 - Cities and Towns › Chapter 9 - Urban Renewal › Article 2 - Downtown Development Authority › Section 15-9-219 - Assessments Against Funds of Authority.

15-9-219. Assessments against funds of authority.
The governing body shall have the power to assess against the funds of the authority for the use and benefit of the general fund of the municipality a reasonable pro rata share of such funds for the cost of handling and auditing, which assessment when made shall be paid annually by the board pursuant to an appropriate item in its budget.
2023 Wyoming Statutes › Title 15 - Cities and Towns › Chapter 9 - Urban Renewal › Article 2 - Downtown Development Authority › Section 15-9-220 - Conflict of Interest.

15-9-220. Conflict of interest.
No board member or employee of the board shall vote or otherwise participate in any matter in which he has a specific financial interest, defined as a matter in which the member or employee would receive a benefit or incur a cost substantially greater than other property owners within the district. When such interest appears, the board member or employee shall make such interest known, and shall thenceforth refrain from voting on or otherwise participating in the particular transaction involving such interest. Willful violation of the provisions of this section constitutes grounds for dismissal subject to the provisions of W.S. 15-9-206(d).
2023 Wyoming Statutes › Title 15 - Cities and Towns › Chapter 9 - Urban Renewal › Article 2 - Downtown Development Authority › Section 15-9-221 - Provisions to Be Construed Liberally.

15-9-221. Provisions to be construed liberally.
All powers conferred upon municipalities by this article are cumulative and in addition to those conferred by any other general or special law or municipal charter or ordinance and shall be liberally construed to effectuate the purposes of this article. This article is an alternative method of accomplishing its purposes independent of and in addition to any other powers conferred upon municipalities electing to exercise the authority granted by this article.
2023 Wyoming Statutes › Title 15 - Cities and Towns › Chapter 9 - Urban Renewal › Article 2 - Downtown Development Authority › Section 15-9-222 - Property in Development Area Subject to Taxes for Municipality's General Obligation Debts.

15-9-222. Property in development area subject to taxes for municipality's general obligation debts.
Subject to W.S. 15-9-207, all real and personal property located within the development area shall continue to be subject to ad valorem taxes levied by the municipality to pay the principal and interest on all existing general obligation debts of the municipality and any future debts which may be authorized by law.
2023 Wyoming Statutes › Title 15 - Cities and Towns › Chapter 9 - Urban Renewal › Article 2 - Downtown Development Authority › Section 15-9-223 - Inclusion of Additional Property Into Development Area; Procedure.

15-9-223. Inclusion of additional property into development area; procedure.
Subsequent to the organization of an authority, additional property may be included in the development area. Proceedings for inclusion shall be initiated by petition to the board of the authority signed by the owner or owners in fee of each parcel of land adjacent to the existing area sought to be included. The petition shall include evidence satisfactory to the board concerning title to the property and an accurate legal description thereof. If the board approves the application, it shall submit the application to the governing body of the municipality. If the governing body also approves the application, it shall then, at a regular or special meeting, by amendment to the ordinance treating the authority, redescribe the development area so as to include the additional property as described in the petition. From the effective date of the amendment the additional property shall be included within the development area and shall be subject to any taxes thereafter imposed by the municipality for the use and benefit of the authority.
2023 Wyoming Statutes › Title 15 - Cities and Towns › Chapter 10 - Housing Projects › Section 15-10-101 - Definitions.

15-10-101. Definitions.
(a) As used in this chapter:
(i) "Area of operation" means the area within the boundaries of a municipality or county as the case may be or, in the case of combined operations of municipalities and counties, the area comprising the operating area of all the municipalities and counties so combining. In the case of a housing authority, all the area of operation of the municipality or county, or the combined area of two (2) or more municipalities and counties for which the housing authority is established;
(ii) "Housing project" or "project" means any undertaking on contiguous or noncontiguous sites to:
(A) Make plans and undertake surveys to carry out the purposes of this chapter;
(B) Demolish, clear or remove unsafe or unsanitary or substandard buildings; or
(C) Provide, or assist in providing by any suitable method decent, safe and sanitary housing and related facilities to persons of low income.
(iii) "Person" means any individual, firm, corporation, partnership, company, association or institution;
(iv) "Persons of low income" means persons or families who, as determined by the public body undertaking a project, cannot afford to pay the amounts at which private enterprise, unaided by public subsidy, is providing decent, safe and sanitary housing;
(v) "Political subdivision" means county, city or town, school district or any other local government entity of the state or the officers thereof.
2023 Wyoming Statutes › Title 15 - Cities and Towns › Chapter 10 - Housing Projects › Section 15-10-102 - Findings Prerequisite to Exercising Authority.

15-10-102. Findings prerequisite to exercising authority.
(a) No municipality or county shall exercise the authority conferred by this chapter until its governing body adopts a resolution finding that:
(i) Unsanitary or unsafe or substandard inhabited dwelling accommodations exist in the municipality or county; or
(ii) There is a shortage of safe and sanitary dwelling accommodations in the municipality or county available to persons of low income at rentals or prices they can afford.
2023 Wyoming Statutes › Title 15 - Cities and Towns › Chapter 10 - Housing Projects › Section 15-10-103 - Powers of Municipalities and Counties Generally.

15-10-103. Powers of municipalities and counties generally.
(a) Every municipality and county may:
(i) Prepare, carry out and operate projects and provide for the acquisition, construction, reconstruction, rehabilitation, improvement, extension, alteration or repair of any project;
(ii) Lease, rent, sell or lease with option to purchase any dwellings, accommodations, lands, buildings, structures or facilities embraced in any project and establish and revise the rents or charges therefor;
(iii) Own, hold and improve real or personal property;
(iv) Acquire by any means any property or any interest therein;
(v) Sell, lease, exchange, transfer, assign, pledge or dispose of any real or personal property or any interest therein;
(vi) Make loans for the provision of housing for occupancy by persons of low income;
(vii) Insure any property or operations against any risks or hazards;
(viii) Invest any funds held in reserves or sinking funds, or any funds not required for immediate disbursement, in property or securities in which savings banks may legally invest funds subject to their control; to redeem its bonds at the redemption price established therein or to purchase its bonds at less than the redemption price and ensure that all bonds so redeemed or purchased are cancelled;
(ix) Prepare plans for and assist in the relocation of persons (including individuals, families, business concerns, nonprofit organizations and others) displaced from a housing project site.
2023 Wyoming Statutes › Title 15 - Cities and Towns › Chapter 10 - Housing Projects › Section 15-10-105 - Joint Exercise of Powers; Increasing Area of Operation.

15-10-105. Joint exercise of powers; increasing area of operation.
(a) Any powers capable of exercise by a municipality or county under this chapter may be exercised jointly with any other municipality or county or combinations thereof.
(b) The area of operation of any municipality, county or housing authority or any combination of these bodies operating jointly may be increased to include additional contiguous areas upon the request or consent, by resolution, of the governing body of the municipality or county within which the additional area lies.
2023 Wyoming Statutes › Title 15 - Cities and Towns › Chapter 10 - Housing Projects › Section 15-10-106 - Dwellings for Major Disaster Victims.

15-10-106. Dwellings for major disaster victims.
Notwithstanding the provisions of this chapter or any other provisions of law during the period a municipality or county determines there is an acute need for housing to assure the availability of dwellings for victims of a major disaster, the municipality or county, as the case may be, may undertake the development and administration of housing projects for the federal government, and dwellings in any housing project under its jurisdiction may be made available to victims of a major disaster.
2023 Wyoming Statutes › Title 15 - Cities and Towns › Chapter 10 - Housing Projects › Section 15-10-107 - Tax Exemption for Public Property; Exception.

15-10-107. Tax exemption for public property; exception.
The property of a municipality or county acquired or held pursuant to this chapter is public property used for essential public, governmental purposes and is exempt from all taxes and special assessments of any public body. This tax exemption does not apply to any portion of a project used for a profitmaking enterprise, but in taxing those portions appropriate allowance shall be made for any expenditure by a municipality or county for utilities or other public services which it provides to the property. In lieu of taxes on property exempt under this section, a municipality or county may agree to make such payments to any public body as it finds consistent with the maintenance of the low-rent character of housing projects and the achievement of the purpose of this chapter.
2023 Wyoming Statutes › Title 15 - Cities and Towns › Chapter 10 - Housing Projects › Section 15-10-108 - Financing; Borrowing; Obligations Authorized; Security; Debt Provisions Inapplicable; Tax Exemption.

15-10-108. Financing; borrowing; obligations authorized; security; debt provisions inapplicable; tax exemption.
(a) A municipality or county may borrow funds and issue any types of obligations it determines are necessary for the purpose of financing housing for persons of low income, including obligations on which the principal and interest are payable exclusively from the income and revenues:
(i) Of the project financed with the proceeds of the obligations; or
(ii) Of certain designated projects whether or not they are financed in whole or in part with the proceeds of the obligations.
(b) The obligations specified in subsection (a) of this section may be additionally secured by a pledge of any loan, grant or contributions, or parts thereof, from the federal government or other source or a pledge of any income or revenues connected with a housing project.
(c) Neither the governing body nor any person executing an obligation as specified in subsection (a) of this section is liable personally thereon by reason of the issuance thereof. The obligations issued under this chapter are payable solely from the sources provided in this section and do not constitute an indebtedness of the municipality or county within the meaning of any constitutional or statutory debt limitation or restriction and are not general obligations of the municipality or county. The obligations are declared to be issued for an essential public and governmental purpose and to be public instrumentalities and, together with interest thereon and income therefrom, are exempt from taxes. The tax exemption provisions of this chapter are considered part of the contract for the security of the obligations authorized by this chapter and need not be restated in the obligations.