Allowable costs of projects. For purposes of ORS 285B.410 to 285B.482, the allowable costs of a project include

(1) Financing costs, including capitalized interest;

(2) Direct project management costs;

(3) Costs of consultant services and expenses;

(4) Construction costs and expenses;

(5) Costs of property acquisition, including any easement or right of way directly related to and necessary for the project;

(6) Costs of acquiring off-site property for purposes directly related to the project, such as wetland mitigation; and

(7) Other costs that the Oregon Infrastructure Finance Authority determines to be necessary or useful. [2005 c.835 §10; 2009 c.830 §105]

(Revenue Bond Financing)