WILLIAM DONALD SCHAEFER, Governor                      Ch. 93

[(f)] (E) (G) "Capital lease" means any lease financing of
real property which by generally accepted accounting principles
is defined as a capital lease. For the purposes of this title,
real property does not include fixtures.

[(g)] (F) (H) "Costs" as applied to any project means all
costs in respect of the project, including (without limitation):

(1)  The cost of acquisition, construction,
reconstruction, equipping, maintenance, repair, renovation, and
operation;

(2)  The cost of acquisition of all land,
rights-of-way, property rights, easements, and interests acquired
by a system;

(3)  The cost of all machinery and equipment;

(4)  Financing charges and interest prior to and
during construction and for 1 year after completion of
construction;

(5)  The cost of architectural, engineering, and legal
expenses, plans, specifications, feasibility studies, surveys,
estimates of costs and revenue, and other expenses necessary or
desirable for determining the feasibility or practicability of
construction of any project;

(6)  Reserves for the payment of debt service,
operating reserves, and repair and replacement funds; and

(7)  Administrative expenses, and other expenses
necessary or allocable to any project, the financing or
refinancing of any project, THE ISSUANCE OF BONDS, and the
placing of any project in operation.

(G) "EDUCATIONAL FACILITY" AND "EDUCATIONAL FACILITIES"
MEAN ANY FACILITY OR FACILITIES, NOW EXISTING OR HEREAFTER
CONSTRUCTED OR ACQUIRED, WHICH ARE RELATED, REQUIRED, USEFUL, OR
INCIDENTAL FOR THE OPERATION OR ACTIVITIES OF A SYSTEM, INCLUDING
ANY FACILITIES THAT FURNISH A SERVICE TO STUDENTS, FACULTY,
STAFF, OR THE PUBLIC AND ANY NECESSARY OR USEFUL ATTENDANT
FACILITIES AND EQUIPMENT. SUCH FACILITIES SHALL INCLUDE BUT NOT
BE LIMITED TO HOUSING, EATING, STUDENT UNION OR ACTIVITY,
ADMINISTRATION, ACADEMIC, LIBRARY, LABORATORY, RESEARCH, TESTING,
CLASSROOM, ATHLETIC, HEALTH CARE, PARKING, MAINTENANCE, STORAGE

UTILITY, AND RECREATIONAL FACILITIES. EDUCATIONAL FACILITIES

INCLUDE ALL ITEMS OF PERSONAL AND REAL PROPERTY.

(H) "EDUCATIONAL FEES" MEANS:

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