85-9-622. Issuance of bonds -- determination of amount.
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/mt/title-85/chapter-9/part-6/85-9-622·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
85-9-622 . Issuance of bonds -- determination of amount. In determining the amount of bonds to be issued, the directors may include:
(1)all costs of works;
(2)all costs and estimated costs of issuance of the bonds;
(3)interest which they estimate will accrue on money borrowed during the construction period and for 6 months after the period.