In determining the amount of bonds to be issued, the directors may include:

1. (1) all costs of works;
2. (2) all costs and estimated costs of issuance of the bonds;
3. (3) interest which they estimate will accrue on money borrowed during the construction period and for 6 months after the period.

History: En. Sec. 27, Ch. 100, L. 1969; R.C.M. 1947, 89-3427.