Sec. 6. "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 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.
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