“Cost of a lending project” means all or any designated part of the cost of any lending project, including any incidental cost pertaining to such a project. The cost of a lending 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, 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 and credit unions.
- 4. Establishment of a reserve for contingencies.
- 5. Interest on state securities for any time which does not exceed 3 years, discounts on such state securities, reserves for the payment of the principal of and interest on such securities, replacement expenses and other costs of issuing such securities.
- 6. Amending any resolution or other instrument authorizing the issuance of, or otherwise relating to, state securities for any lending project.
- 7. Funding medium-term obligations.
- 8. Financing the issuance of state securities and any other expenses necessary in connection with a lending project, as determined by the Board.
(Added to NRS by 1981, 767; A 1993, 2318; 1997, 554; 1999, 1473)