As used in this chapter, "cost" as applied to a park or park project includes the following:

1. (1) The cost of construction, renovation, or improvement.
2. (2) The cost of acquisition of all land, rights in land, rights-of-way, property, rights, easements, and interests, including land under water and riparian rights acquired by the commission for construction.
3. (3) The cost of demolishing or removing any buildings or structures on land acquired, including the cost of acquiring any land to which buildings or structures may be moved.
4. (4) The cost of relocating public roads, railroads, public utility facilities, including the cost of land or easements.
5. (5) The cost of all machinery and equipment, financing charges, and interest before and during construction.
6. (6) The cost of engineering and legal expenses, plans, specifications, surveys, estimates of use, and revenues.
7. (7) Other expenses necessary or incident to determining the feasibility or practicability of financing and constructing any project.
8. (8) Administrative expense.

9. (9) Other expenses that are necessary or incident to the construction of the project, the financing of construction, and the placing of the project in operation, including an initial bond service reserve.

   [Pre-1995 Recodification Citation: 14-3-12-3(d).]

As added by P.L.1-1995, SEC.7.