The cost of an improvement or property may include interest on obligations until the
end of the fiscal year in which the obligations are issued or until 6 months after
the completion of construction or acquisition, and architect's fees, accounting, engineering
and inspection costs, legal expenses, costs of authorizing, selling and issuing obligations,
preliminary planning, test and survey expenses, and a reasonable proportion of the
compensation and expenses of employees of a local unit in connection with the construction
or acquisition of such improvement or property.
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 or via Westlaw before relying on it for your legal needs.
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