"HOSPITAL." Any not-for-profit corporation organized under the laws of the United States for the purpose of rendering hospital and other health care services.
"HOSPITAL FACILITY." Property of any kind having to do with providing hospital and health care services, including without limitation, property used or to be used for medical office buildings or other professional services related to health care.
"PROJECT." The acquisition, construction, reconstruction, repair, alteration, improvement, extension, or refinancing of a hospital facility.
"PROJECT COSTS." The sum total of all reasonable or necessary costs incidental to a project including the cost of studies and surveys; plans, specifications, architectural and engineering services; the provision of funds for the purpose of redeeming, retiring, refunding, refinancing, or otherwise paying any outstanding indebtedness of any hospital so long as the appropriate officials of the hospital determine that redemption, retirement or payment is necessary and incidental to the project or its financing; legal, marketing, other special services, financing, acquisition, demolition, construction, equipment and site development of new and rehabilitated buildings, rehabilitation, reconstruction, repair, or remodeling of existing buildings; all other necessary and incidental expenses including a reasonable initial bond and interest reserve, together with interest on bonds issued to finance a project to a date no later than 6 months subsequent to the estimated date of completion.
(Ord. 6550, passed 1-31-78; amend. Ord. 6751, passed 4-29-80)