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<br />payment is not required to be repaid. "Grant" does not include public funds paid or advanced to
<br />a municipal activity enterprise by the state or local governmental entity, including the City, in
<br />exchange for an agreement by a municipal activity enterprise to provide solid waste or recycling
<br />services; nor does "grant" include refunds made in the current or next fiscal year, gifts, any
<br />payments directly or indirectly from federal funds or earnings on federal funds, collections from
<br />another government, pension contributions by employees and pension fund earnings, reserve
<br />transfers or expenditures, damage awards, or property sales.
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<br />(b) "Recycling materials" means those materials, goods, and items deemed as
<br />recyclable by the City's designated recycling facility or those materials, goods and items deemed
<br />recyclable by the City or any licensed collector operating within the City.
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<br />(c) "Refuse" means any form of waste material, junk, garbage, rubbish, trash, foreign
<br />substance, yard waste or debris whatsoever, including without limitation any such material which
<br />is compostable.
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<br />(d) "Solid waste and recycling activity" includes, but is not limited to, the
<br />administration, management, operation, provision, maintenance, or supervision of the collection,
<br />handling, transportation, deposit, disposal, recycling, compo sting, treatment of refuse and
<br />recycling materials from sources within the City, including aspect of any of the foregoing and
<br />services and facilities related thereto.
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<br />(e) "Solid Waste and Recycling Activity Enterprise" means that solid waste and
<br />recycling activity business wholly owned by the City which receives under ten percent of its
<br />annual revenues in grants from all Colorado state and local governments combined and which is
<br />authorized to issue its own revenue bonds pursuant to this ordinance or any other applicable law.
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<br />Section 2. Establishment of Enterprise. (a) There is hereby recognized, established
<br />and designated the "City of Louisville Solid Waste and Recycling Activity Enterprise (the
<br />"Enterprise"). The Enterprise shall consist of the business represented by all of the City's solid
<br />waste and recycling activities, services, facilities, assets and properties, now owned or hereafter
<br />acquired, whether situated within or without the City boundaries, including all present or future
<br />improvements, extensions, enlargements, betterments, replacements, or additions thereof or
<br />thereto. The Enterprise shall have all of the authority, powers, rights, obligations, and duties as
<br />may be provided or permitted by the laws of the State, the Colorado Constitution, the home rule
<br />Charter and as may be further prescribed by ordinance or resolution of the City, or rules,
<br />regulations or policies adopted pursuant thereto.
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<br />(b) The Enterprise shall be a wholly owned business of the City and may contract
<br />with any other person or entity, including without limitation other governmental entities or
<br />enterprises. The Enterprise may conduct activities and provide services as provided for in the
<br />ordinances and resolutions of the City, and rules, regulations or policies adopted pursuant
<br />thereto. This paragraph shall not limit the authority of the Enterprise.
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