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<section number="21A-101" name="Definitions" law="code" slug="sec-21a-101" node_id="PTIITI17PULOLAPRGECOMA_SUBTITLE_21AREAU_DIV1AU_S21A-101DE">
  <level label="a">
    <text>In this Subtitle, the following words have the meanings indicated.</text>
    <level label="1">
      <text>Authority means the Revenue Authority established under Section 21A-102 of this Subtitle.</text>
    </level>
    <level label="2">
      <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 Authority, including refunding obligations.</text>
    </level>
    <level label="3">
      <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 project;</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 cost and of revenues, and other expenses necessary or incident to determining the feasibility or practicality of any 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 construction, reconstruction, renovation, remodeling, improvement, equipping, furnishing, maintenance, acquisition, operation, or financing or refinancing of a project, including the purchase, remodeling, renovation, or reconstruction of any existing facility acquired by the Authority as a project and placing a project in operation.</text>
      </level>
    </level>
    <level label="4">
      <text>County means Prince George's County, Maryland.</text>
    </level>
    <level label="5">
      <text>Local law means a legislative act of the County.</text>
    </level>
    <level label="6">
      <text>Project means any structure, facility, or undertaking, or any combination thereof of a similar class or character, which the Authority is authorized to construct, reconstruct, remodel, renovate, improve, equip, furnish, maintain, acquire, operate, control, regulate, finance, or refinance.</text>
    </level>
  </level>
</section>
