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1993 Reserve Account means the 1993 Reserve Account created in the Revenue Bond <br /> Fund by Section 8 of Ordinance No. 1163-93. <br /> 1997 Reserve Account means the 1997 Reserve Account created in the Revenue Bond <br /> Fund by Section 10 of Ordinance No. 2208-97. <br /> Net Proceeds, when used with reference to the Bonds, means the principal amount of the <br /> Bonds, plus accrued interest and original issue premium, if any, and less original issue discount <br /> and proceeds, if any, deposited in the Reserve Account. <br /> Net Revenue means the Revenue of the System less the Costs of Maintenance and <br /> Operation. <br /> NRMSIR means a nationally recognized municipal securities information repository. <br /> Outstanding Parity Bonds means the 1993 Bonds, the 1997 Bonds and the 2002 Bonds. <br /> Parity Bonds means the Outstanding Parity Bonds, the Bonds and any water and sewer <br /> revenue bonds, warrants or other obligations that the City may hereafter issue having a lien upon <br /> the Revenue of the System for the payment of the principal thereof and interest thereon equal to <br /> the lien upon the Revenue of the System of the Outstanding Parity Bonds and the Bonds. <br /> Previously Refunded Bonds means the outstanding indebtedness of the City under the <br /> Sultan River Project Agreement as described on page 1 of Ordinance No. 536-78, and water and <br /> sewer revenue bonds of the City issued under the date of December 1, 1965, full provision for <br /> the payment of which has heretofore been made. <br /> Private Person m eans any n atural p erson engaged in a t rade o r b usiness o r any t rust, <br /> estate, partnership, association, company or corporation. <br /> Private Person Use means the use of property in a trade or business by a Private Person <br /> if such use is other than as a member of the general public. Private Person Use includes <br /> -8- P:\CMW\CMW5NP 04/22/03 <br />