Montana Code 85-7-1414. Determination of cost
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85-7-1414. Determination of cost. An issuer, in determining costs for purposes of 85-7-1413, may include:
Terms Used In Montana Code 85-7-1414
- Issuer: means the board of commissioners of an irrigation district or a board of control created pursuant to Title 85, chapter 7, part 16. See Montana Code 85-7-1402
(1)all costs and estimated costs of the issuance of the bonds;
(2)all engineering, inspection, fiscal, and legal expenses; and
(3)interest that it estimates will accrue during the construction period and for 6 months thereafter on money borrowed or that it estimates will be borrowed.