Ordinance 2870-05 - Laserfiche WebLink

the Revenue of the System for the payment of the principal thereof and interest thereon equal to the lien upon the Revenue of the System of the Outstanding Parity Bonds and the Bonds. Previously Refunded Bonds means the outstanding indebtedness of the City under the Sultan River Project Agreement as described on page 1 of Ordinance No. 536-78, and water and sewer revenue bonds of the City issued under the date of December 1, 1965, full provision for the payment of which has heretofore been made. Private Person means any natural person engaged in a trade or business or any trust, estate, partnership, association, company or corporation. Private Person Use means the use of property in a trade or business by a Private Person if such use is other than as a member of the general public. Private Person Use includes ownership of the property by the Private Person as well as other arrangements that transfer to the Private Person the actual or beneficial use of the property (such as a lease, management or incentive payment contract or other special arrangement) in such a manner as to set the Private Person apart from the general public. Use of property as a member of the general public includes attendance by the Private Person at municipal meetings or business rental of property to the Private Person on a day-to-day basis if the rental paid by such Private Person is the same as the rental paid by any Private Person who desires to rent the property. Use of property by nonprofit community groups or community recreational groups is not treated as Private Person Use if such use is incidental to the governmental uses of property, the property is made available for such use by all such community groups on an equal basis and such community groups are charged only a de minimis fee to cover custodial expenses. Projects means the plan of improvements to the System as provided in Section 3 of this ordinance. -7- P:\CMW\CMW6WH 09/06/05