Montana § 7-7-4422 Determination Of Cost

Montana Statutes

§ 7-7-4422 — Determination Of Cost

Montana § 7-7-4422

Title 7LOCAL GOVERNMENT

Ch. 7DEBT MANAGEMENT

Part 44Municipal Revenue Bonds

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Bluebook

Mont. Code Ann. § 7-7-4422 (2026).

Text

7-7-4422 . Determination of cost. The governing body of a municipality, in determining cost for purposes of 7-7-4421 , may include:

(1)all costs and estimated costs of the issuance of revenue bonds, including a permissible underwriter's discount, if any;

(2)all engineering, inspection, fiscal, and legal expenses; and

(3)interest estimated to accrue during the construction period and for 6 months after construction on money borrowed or on money that it is estimated will be borrowed pursuant to this part.

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7-7-4422 . Determination of cost. The governing body of a municipality, in determining cost for purposes of 7-7-4421 , may include:
(1) all costs and estimated costs of the issuance of revenue bonds, including a permissible underwriter's discount, if any;
(2) all engineering, inspection, fiscal, and legal expenses; and
(3) interest estimated to accrue during the construction period and for 6 months after construction on money borrowed or on money that it is estimated will be borrowed pursuant to this part.

Legislative History

En. Sec. 3, Ch. 126, L. 1939; amd. Sec. 1, Ch. 52, L. 1949; amd. Sec. 1, Ch. 145, L. 1951; R.C.M. 1947, 11-2403(part); amd. Sec. 31, Ch. 423, L. 1995.