§342D-90 - Revenue bonds; amount issued.
[§342D-90] Revenue bonds; amount issued. Thedirector may include the costs of undertaking, administering, operating, andmaintaining the water pollution control loan programs for which the bonds areissued in determining the principal amount of bonds to be issued. Indetermining the cost of undertaking, administering, operating, and maintainingthe loan programs, the director may include the cost of studies and surveys;insurance premiums; underwriting fees; financial consultants, legal,accounting, and other services incurred; reserve account, trustee, custodian,and rating agency fees; and interest on the bonds for a period not to exceedone year beyond the estimated completion of the loan projects for which thebonds are issued. [L 1997, c 221, pt of §1]