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(82) "ULID" means any utility local improvement district now existing or <br />hereafter created for the acquisition or construction of additions, extensions, or betterments of any <br />portion of the Water & Sewer System, which additions, extensions, or betterments are financed <br />through the issuance of Parity Bonds and the assessments in which are payable into the Revenue <br />Bond Fund. As used in this ordinance, the term ULID does not include any utility local improvement <br />district created for the financing of additions, extensions, or betterments by methods other than the <br />issuance of Parity Bonds. <br />(83) "ULID Assessments" means the assessments levied in any ULID, including <br />installment payments of any assessment as well as the interest and penalties (if any) thereon, less any <br />prepaid assessments permitted by law to be paid into a construction fund or account. <br />(84) "Undertaking" means the written undertaking to provide continuing <br />disclosure executed by the Finance Director pursuant to Section 24 of this ordinance in order to <br />permit the underwriter or successful bidder for the Bonds to comply with Rule 15c2-12. <br />(85) "Water & Sewer^ SystenZ" consists of the water, sanitary sewer, and storm and <br />surface water drainage systems of the City, as set forth in Section 14.16.010 of the Everett Municipal <br />Code, including (1) the sanitary sewage collection and treatment system of the City, including <br />facilities for the collection and disposal of storm water runoff, (2) the existing water supply and <br />distribution system of the City, including the interest of the City in the water supply facilities <br />constructed by Public Utility District No. 1 of Snohomish County pursuant to the Sultan River <br />Project Agreement, as the foregoing Water & Sewer Systems now exist and together with all <br />additions thereto and betterments and extensions thereof at any time made, and (3) including any <br />other Water & Sewer Systems hereafter combined with the Water & Sewer System by ordinance of <br />the City Council. <br />(86) "Water & Sewer System Revenue Fund" or "Revenue Fund" means that <br />special fund of the City created by Section 6 of Ordinance No. 536- 8, now known as "Fund 401— <br />Public Works —Utilities" and shall include all cash and accounts therein. <br />(b) Rules of Interpretation. In this ordinance, unless the context otherwise requires: <br />(1) The terms "hereby," "hereof," "hereto," "herein, "hereunder" and any similar <br />terms, as used in this ordinance, refer to this ordinance as a whole and not to any particular article, <br />section, subdivision, or clause hereof. The term "hereafter" shall mean after, and the term <br />"heretofore" shall mean before, the date of this ordinance. <br />(2) Words of the masculine gender shall mean and include correlative words of <br />the feminine and neuter genders and words importing the singular number shall mean and. include the <br />plural number and vice versa. <br />(3) Words importing persons shall include firms, associations, partnerships <br />(including limited partnerships), trusts, corporations and other legal entities, including public bodies, <br />as well as natural persons. <br />(4) Any headings preceding the text of the <br />table of <br />sections of this ordinance, and any <br />ubsections or clauses are to the <br />(5) All references herein to sections and other s <br />corresponding sections, subsection, or clauses hereof. <br />11 <br />