Sec. 223.003. HOSPITAL PROJECT COSTS. (a) Hospital project costs include costs related to: (1) the acquisition of land, a right-of-way, an option to purchase land, an easement, or another interest in land related to a hospital project; (2) the acquisition, construction, repair, renovation, remodeling, or improvement of a structure to be used as or with a hospital project; (3) site preparation, including demolishing or removing a structure the removal of which is necessary or incident to providing a hospital project; (4) expenses necessary or incident to planning, providing, or determining the feasibility and practicability of a hospital project, including architectural, engineering, legal, and related services, plans and specifications, studios, surveys, and cost and revenue estimates; (5) machinery, equipment, furniture, and facilities necessary or incident to the equipping of a hospital project for operation; (6) financing charges and interest accruing before and during construction, and after completion of construction for not more than two years; (7) the start-up of a hospital project during construction and after completion of construction for not more than two years; (8) hospital project financing, including: (A) legal, accounting, and appraisal fees, expenses, and disbursements; (B) printing, engraving, and reproduction services; and (C) an initial or acceptance fee of a trustee or paying agent; (9) the provision of the hospital project by the issuer, including: (A) costs incurred directly or indirectly by the issuer; (B) reimbursement of reasonable sums to the issuer for time spent by its employees in providing the hospital project and its financing; and (C) the appraisal obtained under Section 223.011 (d)(2); and (10) the authorization, preparation, sale, issuance, and delivery of bonds under this chapter, including: (A) related fees, charges, and expenses; (B) expenses and costs described by Section 223.029 (b); and (C) expenses incurred in carrying out a trust agreement relating to hospital project bonds. (b) The listing of items of cost in Subsection (a) is not inclusive of all hospital costs.
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