TITLE 7. LOCAL GOVERNMENT

CHAPTER 10. REGIONAL RESOURCE AUTHORITIES

Part 2. Project -- Funding

Determination Of Cost

7-10-206. Determination of cost. The governing body of a regional resource authority, in determining the cost for purposes of 7-10-205, may include:

(1) all costs and estimated costs of the issuance of revenue bonds, including a permissible underwriter's discount, if any;

(2) all engineering, inspection, fiscal, and legal expenses; and

(3) interest estimated to accrue during the construction period and for 6 months after construction on money borrowed or on money that it is estimated will be borrowed pursuant to this part.

History: En. Sec. 12, Ch. 351, L. 2009.