NRS386.615. “Cost of the project” defined.  


Latest version.
  •   “Cost of the project” means all or a designated part of the cost of any project, including any incidental cost pertaining to the project. The cost of a project may include, without limitation, the costs of:

          1.  Surveys, audits, preliminary plans, other plans, specifications, estimates and other costs of preparations;

          2.  Appraising, printing, estimating, advice and services of engineers, architects, financial consultants, attorneys, clerical personnel and other agents and employees;

          3.  Publishing, posting, mailing and otherwise giving notice, filing or recording instruments, taking options and fees to banks;

          4.  Establishment of a reserve for contingencies;

          5.  Interest on bonds for any time which does not exceed the estimated period of construction plus 1 year, discounts on bonds, reserves for the payment of the principal of and interest on bonds, replacement expenses and other costs of issuing bonds;

          6.  Amending any resolution or other instrument authorizing the issuance of, or otherwise relating to, bonds for the project; and

          7.  Short-term financing and the expense of operation and maintenance of the project.

      (Added to NRS by 2013, 1588)