§ 17-111. Cost of projects.  


Latest version.
  • The cost of projects and of refundings for which bonds may be issued under this division may include, but not be limited to the following:

    (1)

    Cost of acquisition of sites;

    (2)

    Legal, engineering, accounting, fiscal, architectural fees and fees of any other experts or consultants employed by the issuer of the bonds in connection with projects;

    (3)

    Engineering or architectural studies;

    (4)

    Surveys;

    (5)

    Plans and designs for such projects;

    (6)

    Provisions for debt service reserves;

    (7)

    Bond discounts;

    (8)

    Expenses of issuance, authorization and sale of the bonds, including advertisement notices, bond insurance or other credit enhancement, payments to the United States under Section 148(f) of the Internal Revenue Code of 1986 and other proceedings in connection therewith; and

    (9)

    Such other expenses as are necessary, incidental or appurtenant to the purposes authorized hereunder.

(Code 1965, § 1-53.9; Ord. No. 88-7, § 8, 7-5-88)