Nevada § 350.516 - “Cost of any project” defined

§ 350.516. “Cost of any project” defined

“Cost of any project,” or any phrase of similar import, means all or any part designated

by the governing body of the cost of any project, or interest therein, which cost,

at the option of the governing body, may include all or any part of the incidental

costs pertaining to the project, including, without limitation: 1. Preliminary expenses advanced by the municipality from money available for use

therefor, or advanced by the Federal Government, or from any other source, with the

approval of the governing body or any board or other agency of the municipality responsible

for the project or defraying the cost thereof, or any combination thereof; 2. The costs in the making of surveys, audits, preliminary plans, other plans, specifications,

estimates of costs and other preliminaries; 3. The costs of premiums on builders' risk insurance and performance bonds, or a reasonably

allocable share thereof; 4. The costs of appraising, printing, estimates, advice, services of engineers, architects,

financial consultants, attorneys at law, clerical help or other agents or employees; 5. The costs of making, publishing, posting, mailing and otherwise giving any notice

in connection with a project, the filing or recordation of instruments, the taking

of options, the issuance of bonds and other securities, and bank fees and expenses; 6. The costs of contingencies; 7. The costs of the capitalization with proceeds of bonds or other securities issued

hereunder of any operation and maintenance expenses appertaining to any facilities

to be acquired as a project and of any interest on bonds or other securities for any

period not exceeding the period estimated by the governing body to effect the project

plus 1 year, of any discount on bonds or other securities, and of any reserves for

the payment of the principal of and interest on the bonds or other securities, of

any replacement expenses, and of any other cost of issuance of the bonds or other

securities; 8. The costs of amending any ordinance, resolution or other instrument authorizing

the issuance of or otherwise appertaining to outstanding bonds or other securities

of the municipality; 9. The costs of funding any medium-term obligations, construction loans and other

temporary loans of not exceeding 10 years appertaining to a project and of the incidental

expenses incurred in connection with such loans; 10. The costs of any properties, rights, easements or other interests in properties,

or any licenses, privileges, agreements, and franchises; 11. The costs of demolishing, removing or relocating any buildings, structures or

other facilities on land acquired for any project, and of acquiring lands to which

such buildings, structures or other facilities may be moved or relocated; and 12. All other expenses necessary or desirable and appertaining to a project, as estimated

or otherwise ascertained by the governing body.