Acts and Regulations

M-22 - Municipalities Act

Full text
What cost deemed to include respecting work
121The cost of a work is deemed to include:
(a) the actual cost of construction;
(b) the cost of engineering and surveying;
(c) the compensation for lands taken for the purpose of the work or injuriously affected by it and the expenses incurred by the municipality in connection with determining such compensation;
(d) the estimated cost of the issue and sale of debentures and any discount allowed the purchasers of them; and
(e) the interest on all borrowings in connection with such work and any expenses incidental to the entering on, carrying out and completing the work and raising the money to pay the cost thereof.
1966, c.20, s.121