As used in this part, the term:

(1) "Authority" means the Kinchafoonee Lake Authority created by this part.

(2) "Cost of project" means the cost of acquisition of properties, both real and personal, or the use thereof; the cost of construction, erection, establishment, maintenance, repair, and remodeling of tourist and recreational facilities; the cost of financing charges; interest incurred on construction and one year after completion of construction; the cost of engineering, architectural, administrative, fiscal, and legal expenses and services; the cost of plans and specifications; and expenses incurred for feasibility or practicability studies.

(3) "Project" means the acquisition, construction, equipping, maintaining, operating, managing, and promotion of recreation and accommodation and tourist facilities and services, including, but not limited to, recreation centers, playgrounds, parks, swimming and wading pools, lakes, golf courses, tennis courts, athletic fields and courts, club houses, gymnasiums, museums, convention halls, pageants, auditoriums, stables, restaurants, hotels, motels, hunting and fishing preserves, historic sites and attractions, and any other facilities or services that the authority may desire to undertake, including the related buildings and the usual and convenient facilities appertaining to any undertakings and any extensions or improvements of any facilities, and the acquisition of necessary property therefor, all as may be related to the development of recreational and tourist accommodations and facilities as the authority may deem necessary, convenient, or desirable.