The cost of a redevelopment project shall be deemed to include the actual cost of the construction or rehabilitation of any part of a project which may be constructed or rehabilitated by a municipality, including architects' and engineers' fees, the purchase price of any real property that may be acquired by a municipality by purchase, all expenses in connection with the authorization, sale and issuance of bonds or other indebtedness to finance such acquisition, and the interest on bonds for a reasonable time prior to construction or rehabilitation, during construction or rehabilitation and for not exceeding one (1) year after completion of the construction or rehabilitation.
Structure Mississippi Code
Chapter 45 - Tax Increment Financing
§ 21-45-7. Division of ad valorem taxes according to tax increment financing plan
§ 21-45-9. Issuance of tax increment bonds; issuance of refunding bonds; agreements with developers
§ 21-45-11. Contents of tax increment financing plan; public hearing
§ 21-45-13. Security for principal, interest, and premium on tax increment bond
§ 21-45-15. Application of proceeds from sale of bonds
§ 21-45-17. Exemption from taxation
§ 21-45-19. Items which are included in cost of redevelopment project