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<section number="15B-102" name="Definitions" law="code" slug="sec-15b-102" node_id="PTIITI17PULOLAPRGECOMA_SUBTITLE_15BREAU_DIV1AU_S15B-102DE">
  <level label="a">
    <text>In this Subtitle, the following terms have the meanings indicated.</text>
    <level label="1">
      <text>Bond or bonds means revenue bonds or notes, including, without limitation, bond anticipation notes and notes in the nature of commercial paper, or other instruments, certificates, or evidences of obligation issued and sold or offered for sale by the Redevelopment Authority, including refunding obligations.</text>
    </level>
    <level label="2">
      <text>Cost means the cost of or expense associated with:</text>
      <level label="A">
        <text>All land, property, rights, easements, franchises, and licenses or interests therein deemed necessary for any undertaking authorized by this Subtitle;</text>
      </level>
      <level label="B">
        <text>All labor, materials, machinery, furnishings, and equipment;</text>
      </level>
      <level label="C">
        <text>Financing charges;</text>
      </level>
      <level label="D">
        <text>Establishment of reserves;</text>
      </level>
      <level label="E">
        <text>Interest prior to and during construction and for a reasonable period after completion of construction;</text>
      </level>
      <level label="F">
        <text>Engineering, architectural, and legal services;</text>
      </level>
      <level label="G">
        <text>Plans, specifications, surveys, estimates of costs and of revenues, and other expenses necessary or incident to determining the feasibility or practicality of any land or property acquisition or any development or redevelopment project;</text>
      </level>
      <level label="H">
        <text>Administrative expenses;</text>
      </level>
      <level label="I">
        <text>Letters or lines of credit, municipal bond insurance, or any other form of financial guaranty or surety;</text>
      </level>
      <level label="J">
        <text>Working capital; and</text>
      </level>
      <level label="K">
        <text>Other expenses as may be necessary or incident to the acquisition of land or property, or the development or redevelopment, including, but not limited to, the comprehensive renovation or rehabilitation of land or property in accordance with this Subtitle.</text>
      </level>
    </level>
    <level label="3">
      <text>County means Prince George's County, Maryland.</text>
    </level>
    <level label="4">
      <text>Local law means a legislative act of the County.</text>
    </level>
    <level label="5">
      <text>Redevelopment Authority means the Redevelopment Authority of Prince George's County authorized to be established pursuant to this Subtitle.</text>
    </level>
  </level>
</section>
