Nevada § 396.816 - “Cost of any project” defined

§ 396.816. “Cost of any project” defined

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

by the Board of the cost of any project, or interest therein, which cost at the option

of the Board may include all or any part of the incidental costs pertaining to the

project, including, without limitation: 1. Preliminary expenses advanced by the University or the Board from funds available

for use therefor, or advanced by this state, the Federal Government, or from any other

source, with the approval of the Board, 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 Board 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 resolution or other instrument authorizing the issuance

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

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

temporary loans of not exceeding 5 years appertaining to a project and of the incidental

expenses incurred in connection with such loans; and 10. All other expenses necessary or desirable and appertaining to a project, as estimated

or otherwise ascertained by the Board.