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Current as of January 01, 2024 | Updated by Findlaw Staff
The governing authority of a governmental body, in determining the cost of a project to be financed by the issuance of revenue bonds pursuant to 90-4-1205, may include:
(1) engineering, inspection, fiscal, and legal expenses;
(2) interest estimated to accrue during the construction period of the project and for up to 6 months after the construction period on borrowed funds; and
(3) costs of issuance of the revenue bonds and the funding of a debt service reserve to secure the revenue bonds.
Cite this article: FindLaw.com - Montana Title 90. Planning, Research, and Development § 90-4-1206. Determination of cost - last updated January 01, 2024 | https://codes.findlaw.com/mt/title-90-planning-research-and-development/mt-st-90-4-1206/
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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