Montana § 90-4-1206 Determination Of Cost

Montana Statutes

§ 90-4-1206 — Determination Of Cost

Montana·Title 90 PLANNING, RESEARCH, AND DEVELOPMENT·Ch. 4 ENERGY DEVELOPMENT AND CONSERVATION·Part 12 Montana Clean Renewable Energy Bond Act

90-4-1206 . Determination of cost. The governing authority of a governmental body, in determining the cost of a project to be financed by the issuance of revenue bonds pursuant to 90-4-1205 , may include:

(1)engineering, inspection, fiscal, and legal expenses;

(2)interest estimated to accrue during the construction period of the project and for up to 6 months after the construction period on borrowed funds; and

(3)costs of issuance of the revenue bonds and the funding of a debt service reserve to secure the revenue bonds.

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90-4-1206 . Determination of cost. The governing authority of a governmental body, in determining the cost of a project to be financed by the issuance of revenue bonds pursuant to 90-4-1205 , may include:
(1) engineering, inspection, fiscal, and legal expenses;
(2) interest estimated to accrue during the construction period of the project and for up to 6 months after the construction period on borrowed funds; and
(3) costs of issuance of the revenue bonds and the funding of a debt service reserve to secure the revenue bonds.

Montana § 90-4-1206 (Determination Of Cost) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.