Montana Code 7-7-4422. Determination of cost
Current as of: 2023 | Check for updates
|
Other versions
7-7-4422. Determination of cost. The governing body of a municipality, in determining cost for purposes of 7-7-4421, may include:
Terms Used In Montana Code 7-7-4422
- Governing body: means a body or board that has charge of finances and management of a municipality. See Montana Code 7-7-4402
- Municipality: means a city or town, however organized. See Montana Code 7-7-4402
(1)all costs and estimated costs of the issuance of revenue bonds, including a permissible underwriter’s discount, if any;
(2)all engineering, inspection, fiscal, and legal expenses; and
(3)interest estimated to accrue during the construction period and for 6 months after construction on money borrowed or on money that it is estimated will be borrowed pursuant to this part.