53 Pa. Stat. § 16999.3
The following words and phrases when used in this act shall have, unless the context clearly indicates otherwise, the meanings given to them in this section:
"Bond committee." The mayor of the city, the city controller and the city solicitor, or any two of them.
"Bond resolution." A resolution duly passed by the bond committee authorizing the issuance of bonds pursuant to the terms of this act or taking other action permitted or required hereunder.
"Bonds." The bonds or notes of the city authorized and issued pursuant to this act on behalf of any one of its municipal utilities to finance inventory or receivables or both of its municipal utilities or to refund outstanding bonds or notes or both.
"City." The City of Philadelphia.
"City controller." The controller of the city including a person acting as controller under applicable law.
"City solicitor." The solicitor for the city including a person acting as solicitor under applicable law.
"Court." The Court of Common Pleas of Philadelphia County.
"Inventory." Any fuel, materials or supplies acquired by the municipal utility:
"Mayor." The mayor of the city including a person acting as mayor under applicable law.
"Municipal utility." Any city-owned, leased or operated utility facility providing services to the public for a fee including, but not limited to, water facilities, sewer facilities, gas facilities, electric facilities, steam facilities, communications facilities and solid waste facilities which the city may now or hereafter be authorized to own, lease or operate.
"Project." Inventory or receivables or both of any one municipal utility.
"Project costs" or "cost of a project." All costs of acquisition or funding of a project including but not limited to costs of fees and expenses of financial advisors, attorneys and other experts engaged in connection with the project, financing costs including bond discount, additional security costs including letter of credit, line of credit and insurance costs, interest on money borrowed to finance the project if capitalized, the repayment of temporary loans made in connection with the project and reimbursement for any of the foregoing costs incurred or paid prior to or after the issuance of bonds.
"Receivables." Accounts receivable billed to customers of the municipal utility, but not yet paid, as would be shown as a current asset on a balance sheet prepared in accordance with generally accepted accounting principles.
"Revenue bonds." Revenue bonds issued by the city pursuant to the act of October 18, 1972 (P.L. 955, No. 234), known as "The First Class City Revenue Bond Act."
"Utility revenues." All operating and nonoperating revenues of a municipal utility.
53 P.S. § 16999.3