As used in Sections 1085.33 through 1085.39 of this title: 1. "Project" means: a. any engineering undertaking or work to conserve and develop surface or subsurface water resources or to control or develop sewage treatment facilities of the state for all useful and lawful purposes by the acquisition, improvement, extension or construction of dams, reservoirs and other water storage projects, including underground storage projects, filtration and water treatment plants, b. any system necessary to distribute water from storage to points of distribution, or to filtration and treatment plants, c. facilities for the distribution of water from storage or filtration and treatment plants to wholesale or retail purchasers, and d. any system necessary to improve or develop sewage treatment, collection or distribution capabilities. 2. "Investment certificate" means any note or bond, including any renewal note or refunding bond, authorized and issued by the Board for the purposes set forth in Sections 1085.31 through 1085.39 of this title. 3. "Eligible entity" means any city, town, county or the State of Oklahoma, and any rural water or sewer district, irrigation district, public trust, master conservancy district or other political subdivision or any combination thereof.
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