'Costs' as applied to any project includes any item or cost of a capital nature incurred in the construction of a project, including:(1) the cost of construction;(2) the cost of acquisition of all land, rights-of-way, property, rights, easements, and any other legal or equitable interests acquired by the authority for the construction, including the cost of any relocations incident to the acquisition;(3) the cost of demolishing or removing any buildings, structures, or improvements on property acquired by the authority including the cost of:(A) acquiring any property to which the buildings, structures, or improvements may be moved; or(B) acquiring any property which may be exchanged for property acquired by the authority;(4) financing charges;(5) costs of issuance of bonds or notes, including costs of credit enhancement, such as bond or note insurance;(6) remarketing or conversion fees;(7) bond or note discount;(8) capitalized interest;(9) the cost of funding any reserves to secure the payment of bonds or notes;(10) engineering and legal expenses, costs of plans, specifications, surveys, estimates, and any necessary feasibility studies;(11) other expenses necessary or to secure the payment of bonds or notes;(10) engineering and legal expenses, costs of plans, specifications, surveys, estimates, and any necessary feasibility studies;(11) other expenses necessary or incident to determining the feasibility or practicability of constructing any project;(12) administrative expenses of the authority or the department relating to any project financed by bonds or notes;(13) reimbursement of the department for:(A) any cost, obligation, or expense incurred by the department relating to a project;(B) advances relating to a project from the department to the authority for surveys, borings, preparation of plans and specifications, or engineering services; or(C) any other cost of construction incurred by the department or paid from advances; and(14) other expenses the authority finds necessary or incident to the construction of the project, the financing of the construction, and the placing of the project in operation.As added by P.L.68-1988, SEC.12.
Indiana Legal Code