Indiana Statutes

§ 36-7-23-23 — Amount of bonds sold

Indiana·Title 36 LOCAL GOVERNMENT·Art. 7 PLANNING AND DEVELOPMENT·Ch. 23 Multiple County Infrastructure Authority

In determining the amount of bonds to be issued and sold, the board may include the costs of the following:

(1)Acquisition and construction of infrastructure.
(2)Financing charges, bond sale discount, reasonable issuance costs, and interest accruing on the bonds before and during the construction period and for a reasonable period of time after construction.
(3)Expenses such as legal fees and engineering fees.
(4)All other expenses necessary or incidental to accomplishing the purposes of the authority.

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Legislative History

As added by P.L.346-1989(ss), SEC.7.

Nearby Sections

15
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