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Current as of January 02, 2024 | Updated by Findlaw Staff
Sec. 10. “Cost” means:
(1) all or any part of the cost of construction and acquisition of all lands, structures, real or personal property, rights, rights-of-way, franchises, easements, and interests acquired or used under this article.
(2) the cost of demolishing or removing any buildings or structures on land so acquired, including the cost of acquiring any lands to which the buildings or structures may be moved;
(3) the cost of all machinery and equipment, financing charges, and interest before, during, and for a period not exceeding one (1) year after the estimated date of completion of construction or acquisition;
(4) the reserves for debt service and for extensions, enlargements, additions, replacements, renovations, and improvements to building facilities;
(5) the cost of architectural, engineering, trustee, financial, legal, and related services;
(6) the act of underwriters;
(7) the cost of plans, specifications, studies, surveys, and estimates of cost and of revenues;
(8) the administrative expenses, expenses necessary or incident to determining the feasibility or practicability of any undertaking under this article; and
(9) other expenses as may be necessary or incident to the construction, acquisition, and the financing of any undertaking under this article.
Cite this article: FindLaw.com - Indiana Code Title 21. Higher Education § 21-34-1-10 - last updated January 02, 2024 | https://codes.findlaw.com/in/title-21-higher-education/in-code-sect-21-34-1-10/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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