Indiana § 21-34-1-10 - "Cost"

§ 21-34-1-10. "Cost"

Sec. 10. "Cost" means:

(1) all or any part of the cost of construction and acquisition of all lands, structures, real or personal property, rights, rights-of-way, franchises, easements, and interests acquired or used under this article.

(2) the cost of demolishing or removing any buildings or structures on land so acquired, including the cost of acquiring any lands to which the buildings or structures may be moved;

(3) the cost of all machinery and equipment, financing charges, and interest before, during, and for a period not exceeding one (1) year after the estimated date of completion of construction or acquisition;

(4) the reserves for debt service and for extensions, enlargements, additions, replacements, renovations, and improvements to building facilities;

(5) the cost of architectural, engineering, trustee, financial, legal, and related services;

(6) the act of underwriters;

(7) the cost of plans, specifications, studies, surveys, and estimates of cost and of revenues;

(8) the administrative expenses, expenses necessary or incident to determining the feasibility or practicability of any undertaking under this article; and

(9) other expenses as may be necessary or incident to the construction, acquisition, and the financing of any undertaking under this article.

[Pre-2007 Higher Education Recodification Citation: 20-12-6-6(g).]

As added by P.L.2-2007, SEC.275.