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d' <br /> 5. Cost of'ob trainingand retraining. <br /> J <br /> m <br /> lY 6. Financing costs, including but not limited to, all necessary and incidental <br /> "4 expenses related to the issuance of obligations, and which may include payment <br /> Mof interest on any obligations issued thereunder accruing duri ig the estimated <br /> 't period of construction of any redevelopment project for which such obligations <br /> .o are issued and for not exceeding thirty-six (36) months therea8 r, and including <br /> X reasonable reserves related thereto. <br /> 0 <br /> 0 <br /> 7. All or a portion of a taxing district's costs resulting from th redevelopment <br /> project necessarily incurred or to be incurred (consistent with statutory <br /> requirements) in furtherance of the objectives of the redevelopment plan and <br /> project, to the extent the municipality by written agreement accepts and approves <br /> such costs. <br /> 8. Relocation costs to the extent that a municipality determines that relocation costs <br /> shall be paid or is required to make payment of relocation costs by federal or state <br /> law. <br /> 9. Payments in lieu of taxes. <br /> 10. Interest cost incurred by a redeveloper related to the constructs n, renovation or <br /> rehabilitation of a redevelopment project provided that: <br /> a. such costs are to be paid directly from the special taN allocation fund <br /> established pursuant to this Act; and <br /> b. such payments in any one year may not exceed 30% of tl e annual interest <br /> costs incurred by the redeveloper with regard to the redev lopment project <br /> during that year; <br /> C. if there are not sufficient funds available in the special tak allocation fund <br /> to make the payment pursuant to this paragraph then the amounts so due <br /> shall accrue and be payable when sufficient funds are available in the <br /> special tax allocation fund; and <br /> d. the total of such interest payments paid pursuant to this Act may not <br /> exceed 30% of the total (i) cost paid or incurred by the redeveloper for the <br /> redevelopment project plus (ii) redevelopment project costs excluding any <br /> property assembly costs and any relocation costs incurred by a <br /> municipality pursuant to this Act. <br /> 27 <br />