Impact Fee's

As noted on page 2 last paragraph "Revenues"

"Revenues" means all gross income and revenues of any kind, from any source whatsoever, derived from the operation of the system, including, without limitation, all fees, rates, connection charges, impact fees imposed with respect to the project to the extent such impact fees are pledged and available for payment of bonds, if any, and other charges, the gross revenues of all improvements, additions, and extensions of the system hereafter constructed or acquired, and all interest earned by and profits derived from the sale of investments made with the income and revenues. Revenues does not mean property taxes imposed or collected by or on behalf of the district to be used for Operation and Maintenance expenses.

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