Tex.
Health & Safety Code Section 223.003
Hospital Project Costs
(a)
Hospital project costs include costs related to:(1)
the acquisition of land, a right-of-way, an option to purchase land, an easement, or another interest in land related to a hospital project;(2)
the acquisition, construction, repair, renovation, remodeling, or improvement of a structure to be used as or with a hospital project;(3)
site preparation, including demolishing or removing a structure the removal of which is necessary or incident to providing a hospital project;(4)
expenses necessary or incident to planning, providing, or determining the feasibility and practicability of a hospital project, including architectural, engineering, legal, and related services, plans and specifications, studios, surveys, and cost and revenue estimates;(5)
machinery, equipment, furniture, and facilities necessary or incident to the equipping of a hospital project for operation;(6)
financing charges and interest accruing before and during construction, and after completion of construction for not more than two years;(7)
the start-up of a hospital project during construction and after completion of construction for not more than two years;(8)
hospital project financing, including:(A)
legal, accounting, and appraisal fees, expenses, and disbursements;(B)
printing, engraving, and reproduction services; and(C)
an initial or acceptance fee of a trustee or paying agent;(9)
the provision of the hospital project by the issuer, including:(A)
costs incurred directly or indirectly by the issuer;(B)
reimbursement of reasonable sums to the issuer for time spent by its employees in providing the hospital project and its financing; and(C)
the appraisal obtained under Section 223.011 (Providing Hospital Projects)(d)(2); and(10)
the authorization, preparation, sale, issuance, and delivery of bonds under this chapter, including:(A)
related fees, charges, and expenses;(B)
expenses and costs described by Section 223.029 (Use of Proceeds)(b); and(C)
expenses incurred in carrying out a trust agreement relating to hospital project bonds.(b)
The listing of items of cost in Subsection (a) is not inclusive of all hospital costs.
Source:
Section 223.003 — Hospital Project Costs, https://statutes.capitol.texas.gov/Docs/HS/htm/HS.223.htm#223.003 (accessed Jun. 5, 2024).
