Indiana § 36-9-23-11 - Cost estimate

§ 36-9-23-11. Cost estimate

Sec. 11. The engineer's estimate of costs under section 10(a)(2) of this chapter must include:

(1) the cost of acquiring or constructing the sewage works;

(2) the cost of all property, easements, franchises, and other rights considered necessary or convenient for the works;

(3) interest on bonds before and during the construction or acquisition, and for a period not exceeding twenty-four (24) months after completion of the construction or acquisition;

(4) engineering expenses, including expenses for plans, specifications, and surveys;

(5) legal expenses;

(6) expenses for estimates of cost and of revenues;

(7) administrative expenses; and

(8) other expenses necessary or incidental to:

(A) determining the feasibility of the works;

(B) financing the works;

(C) constructing or acquiring the works; and

(D) placing the works in operation.

[Pre-Local Government Recodification Citation: 19-2-5-1 part.]

As added by Acts 1981, P.L.309, SEC.96.