For the purpose of this chapter, the following definitions shall apply unless the context clearly indicates or requires a different meaning.
   REVENUES and NET REVENUES.  The meanings as defined in M.C.L.A. § 141.103, as amended.
   THE SYSTEM.  The complete Eastern Calhoun County Sanitary Sewer System No. 5 (Village of Homer), including all sewers, pumps, lift stations, treatment facilities, and all other facilities used or useful in the collection, treatment, and disposal of domestic, commercial, or industrial wastes, including all appurtenances thereto and including all extensions and improvements thereto, which may hereafter be acquired.
(Prior Code, § 544.02)