(b) The proceeds from the sale of revenue construction bonds shall be paid into the State Treasury to the credit of the State Highway Bridge Revenue Construction Fund, which fund is created, to the credit of the State Highway ....................River Bridge (Ferry), and shall be used, in addition to any other available funds, for paying the cost of construction and reconstruction of any bridge and the acquisition, construction, and reconstruction of approaches thereto or for paying the costs of constructing any ferry and the acquisition and construction of approaches to the ferry, except that the accrued interest paid when the bonds are delivered shall be credited to the sinking fund provided by the commission for the payment of the principal of and interest on the bonds and the fiscal agency charges in connection therewith.

(c) Costs of construction and reconstruction and acquisition of approaches shall be deemed to include:

(1) Costs of construction, reconstruction, and acquisition;

(2) Costs of all property, rights, easements, and franchises deemed necessary or convenient therefor;

(3) Interest upon the bonds prior to and during the construction, reconstruction, or acquisition and for twelve (12) months after completion thereof;

(4) Engineering and legal expenses;

(5) Expenses for estimates of costs and revenues;

(6) Expenses for plans, specifications, and surveys;

(7) Other expenses necessary or incidental to determining the feasibility or practicability of the construction, reconstruction, or acquisition, and administrative expenses; and

(8) Other expenses as may be necessary or incidental to the financing herein authorized.