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Certain Definitions. For all purposes of the Financing Documents and this <br /> Ordinance, the following terms shall have the following meanings: <br /> "Capital Improvements" means the acquisition of land, easements, facilities and <br /> equipment (other than ordinary repairs and replacements), and the construction or reconstruction <br /> of improvements, betterments and extensions, for use by or in connection with the System. <br /> "Gross Revenues" means all income and revenues directly or indirectly derived <br /> by the City from the operation and use of the System, or any part thereof, including without <br /> limitation, any rates, fees (including without limitation plant investment fees and availability <br /> fees) and charges for the services furnished by, or for the use of, the System, and all income <br /> attributable to any past or future dispositions of property or rights or related contracts, <br /> settlements, or judgments held or obtained in connection with the System or its operations, and <br /> including investment income accruing from such moneys; provided however, that there shall be <br /> excluded from Gross Revenues: ad valorem property taxes; any moneys borrowed and used for <br /> providing Capital Improvements; any money and securities and investment income therefrom in <br /> any refunding fund, escrow account, or similar account pledged to the payment of any bonds or <br /> other obligations; and any moneys received as grants or appropriations from the United States, <br /> the State of Colorado, or other sources, the use of which is limited or restricted by the grantor or <br /> donor to the provision of Capital Improvements or for other purposes resulting in the general <br /> unavailability thereof, except to the extent any such moneys shall be received as payments for <br /> the use of the System, services rendered thereby, the availability of any such service, or the <br /> disposal of any commodities therefrom. Notwithstanding anything contained above, amounts <br /> deposited in a rate stabilization account shall not be deemed Gross Revenues in the calendar year <br /> deposited and amounts withdrawn from the rate stabilization account shall be deemed Gross <br /> Revenues in the year withdrawn. <br /> "Operation and Maintenance Expenses" means all reasonable and necessary <br /> current expenses of the City (referred to as the Borrower in the Financing Documents), paid or <br /> accrued, for operating, maintaining, and repairing the System, including without limitation legal <br /> and overhead expenses of the City (referred to as the Borrower in the Financing Documents) <br /> directly related to the administration of the System, insurance premiums, audits, professional <br /> services, salaries and administrative expenses, labor and the cost of materials and supplies for <br /> APPENDIX 4 <br />