Indiana Code Title 36. Local Government § 36-7-15.3-15

(1) acquiring property;

(2) constructing, improving, reconstructing, or renovating one (1) or more local public improvements;  or

(3) funding or refunding bonds issued under this chapter or IC 36-7-15.1.

(1) fifty (50) years, for bonds issued before July 1, 2008;  or

(2) twenty-five (25) years, for bonds issued after June 30, 2008.

(1) planning and development of the facility and all buildings, facilities, structures, and improvements related to it;

(2) acquisition of a site and clearing and preparing the site for construction;

(3) equipment, facilities, structures, and improvements that are necessary or desirable to make the local public improvements suitable for use and operations;

(4) architectural, engineering, consultant, and attorney fees;

(5) incidental expenses in connection with the issuance and sale of bonds;

(6) reserves for principal and interest;

(7) interest during construction and for a period thereafter determined by the board, but in no event to exceed five (5) years;

(8) financial advisory fees;

(9) insurance during construction;

(10) municipal bond insurance, debt service reserve insurance, letters of credit, or other credit enhancement;  and

(11) in the case of refunding or refinancing, payment of the principal of, redemption premiums, if any, and interest on, the bonds being refunded or refinanced.