Redevelopment project; inclusion of certain costs.

(1) A redevelopment project that includes the division of taxes as provided in section 18-2147 shall not provide for the reimbursement of costs incurred prior to approval of the redevelopment project, except for costs relating to: (a) The preparation of materials and applications related to the redevelopment project; (b) The preparation of a cost-benefit analysis conducted pursuant to section 18-2113; (c) The preparation of a redevelopment contract; (d) The preparation of bond and other financing instruments; (e) Land acquisition and related due diligence activities, including, but not limited to, surveys and environmental studies; and (f) Site demolition and preparation. (2) This section shall not be construed to require the reimbursement of legal fees incurred prior to approval of the redevelopment project.