Unless the context otherwise requires, the terms defined in this chapter shall have the following meanings:
"Bonds" means any bonds, notes, certificates, debentures or other obligations issued by the city pursuant to this chapter.
"City" means the city of Sacramento.
"Cost" means the total of all costs incurred by or on behalf of a participating party necessary or incident to acquisition, construction, rehabilitation or improvement of a facility or the refunding or refinancing of obligations incurred to finance such acquisition, construction, rehabilitation or improvement. "Cost" includes working capital and all such costs which under generally accepted accounting principles are properly chargeable to a capital account (whether or not actually so charged), including, without limitation, the cost of all lands, structures, real or personal property, franchises, rights and interests acquired or used in connection with a facility, the cost of demolishing or removing any structures (including the cost of acquiring any lands to which such structures may be moved), the cost of engineering, architectural, financial and legal services, plans, specifications, studies, surveys, estimates, administration expenses or other expenses necessary or incident to determining the feasibility of or to acquiring, constructing, rehabilitating, improving or financing a facility, including all costs of issuance of bonds for such purposes, reserves for debt service and for repairs, replacements, additions and improvements, and capitalized bond interest for such period as the city may determine.
"Council" means the city council of the city of Sacramento.
"Facility" means any facility, place or building that is maintained and operated by a participating party for one of the public purposes identified in Section 3.116.020 of this chapter, that conforms to the general and community plans of the city, as well as its zoning and other land use regulations, and is approved by the city for the financing authorized by this chapter, and that provides services to residents of the city.
"Facility" includes a portion of one of the above types of facilities and includes the following facilities if operated in conjunction with one of the above types of facilities: an administration building, a maintenance, storage, utility or parking facility and all real and personal property, land, buildings, structures, facilities, equipment, fixtures and furnishings related to any of the foregoing or required or useful for the operation of a facility.
"Facility" shall not include any facility, place or building used or to be used primarily for sectarian instruction or study or as a place for devotional activities or religious worship.
"Participating party" means a private corporation or association that is incorporated as a nonprofit public benefit corporation, and that is an organization described in Section 501(c)(3) of the Internal Revenue Code of 1986 (the "code") whose income is exempt from federal income tax under Section 501(a) of the code, except for unrelated business income subject to taxation under Section 511 of the code and that, pursuant to the provisions of this chapter, undertakes the financing of the acquisition, construction, rehabilitation or improvement of a facility or undertakes the refunding or refinancing of obligations incurred to finance such acquisition, construction, rehabilitation or improvement.
"Revenues" means amounts received by the city as repayment of principal, interest, and all other charges with respect to a loan, lease, sublease or sale agreement under this chapter, any proceeds received by the city from mortgage, hazard or other insurance on or with respect to rents, charges, fees, income and receipts derived by the city from the financing of a facility under this chapter, any amounts received by the city as investment earnings on moneys deposited in any fund or account securing bonds, and such other moneys as the council may, in its discretion, lawfully designate as revenues. (Prior code § 80.01.003)