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<br /> DES:djc 2/28/86 <br />divisions, the maximum maturity date shall be calculated from the <br />date on the face of each bond separately, irrespective of the <br />fact that different dates may be prescribe for the bonds of each <br />separate series or division of any authorized issue. <br /> Section 4.36. Issuance and Sale of Bonds. The bonds may be <br />issued and sold as the Authority determines and directs, at <br />public or private sale, at or below their par value and at a rate <br />of interest not to exceed the rate determined by the Authority in <br />the resolution or contract providing for the issuance thereof. <br />The bonds shall be payable at the times and in the amounts <br />determined by the Authority in said resolution. <br /> Without limiting the generality of the foregoing, the bonds <br />may also be issued directly to the seller of land, improvements <br />or property acquired for the Authority's purposes, as all or part <br />of the purchase price thereof, on such terms as may be <br />established by the agreement for acquisition. <br /> Section 4.37. Determination of Amount. In determining the <br />amount of bonds to be issued, the Authority may include all of <br />the following: <br /> ( a) All costs and expenses and estimated costs and <br /> expenses incidental to or connected with the acquisition, <br /> construction, maintenance, improving, or financing of the <br /> facilities, or infrastructure, including but not limited to <br /> the cost of any environmental impact report or statement or <br /> other studies, filings or reports required by law. <br /> 22 <br /> _.... <br />