(a) Hospital project costs include costs related to:
- (1) the acquisition of land, a right-of-way, an option to purchase land, an easement, or another interest in land related to a hospital project;
- (2) the acquisition, construction, repair, renovation, remodeling, or improvement of a structure to be used as or with a hospital project;
- (3) site preparation, including demolishing or removing a structure the removal of which is necessary or incident to providing a hospital project;
- (4) expenses necessary or incident to planning, providing, or determining the feasibility and practicability of a hospital project, including architectural, engineering, legal, and related services, plans and specifications, studios, surveys, and cost and revenue estimates;
- (5) machinery, equipment, furniture, and facilities necessary or incident to the equipping of a hospital project for operation;
- (6) financing charges and interest accruing before and during construction, and after completion of construction for not more than two years;
- (7) the start-up of a hospital project during construction and after completion of construction for not more than two years;
(8) hospital project financing, including:
- (A) legal, accounting, and appraisal fees, expenses, and disbursements;
- (B) printing, engraving, and reproduction services; and
- (C) an initial or acceptance fee of a trustee or paying agent;
(9) the provision of the hospital project by the issuer, including:
- (A) costs incurred directly or indirectly by the issuer;
- (B) reimbursement of reasonable sums to the issuer for time spent by its employees in providing the hospital project and its financing; and
- (C) the appraisal obtained under Section 223.011(d)(2); and
(10) the authorization, preparation, sale, issuance, and delivery of bonds under this chapter, including:
- (A) related fees, charges, and expenses;
- (B) expenses and costs described by Section 223.029(b); and
- (C) expenses incurred in carrying out a trust agreement relating to hospital project bonds.
- (b) The listing of items of cost in Subsection (a) is not inclusive of all hospital costs.
Acts 1989, 71st Leg., ch. 678, Sec. 1, eff. Sept. 1, 1989.