North Dakota Statutes

§ 40-35-05 — Cost of undertaking - How determined

North Dakota·Title 40 Municipal Government·Ch. 40-35 Revenue Bond Law
In determining the cost of an undertaking, the governing body may include all cost and estimated cost of the issuance of the revenue bonds, all engineering, inspection, fiscal, and legal expenses, any bond reserves, and the interest which it is estimated will accrue during the construction period and for six months thereafter on money borrowed or which it is estimated will be borrowed pursuant to this chapter.

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