[§10-35]  Funding and refunding bonds;principal amount.  Refunding bonds may be issued in a principal amountsufficient to provide funds for the payment of all bonds or indebtedness to befunded or refunded thereby, and for the payment of all expenses paid orincurred in connection with the calling, redeeming, retiring, or paying of suchindebtedness or outstanding bonds, and the issuance of such refunding bonds. The expenses may include the amount necessary for the payment of interest uponthe indebtedness to be funded or the bonds to be refunded to the maturity orredemption date thereof, the amount necessary for the payment of interest uponthe refunding bonds from the date of delivery thereof to the date upon whichthe principal of the outstanding bonds to be refunded will be paid whether atmaturity or pursuant to a call for redemption thereof, or pursuant to agreementwith the holders thereof, plus in any case the amount of the premium, if any,required to be paid in order to call or retire the bonds to be required. [L1994, c 283, pt of §2(2)]