For the purposes of this act: 1. "Drinking water treatment project" means: a. any engineering undertaking or work to control or develop drinking water treatment facilities of eligible entities for all useful and lawful purposes, b. any system necessary to improve or develop drinking water supply, treatment or distribution capabilities, or c. any implementation of water source protection programs as authorized by the federal Safe Drinking Water Act and this act; 2. "Investment certificate" means any note or bond, including any renewal note or refunding bond, authorized and issued by the Board pursuant to the provisions of this act; 3. "Eligible entity" means any city, town, county or the State of Oklahoma, and any rural water district, public trust, master conservancy district, any other political subdivision or any combination thereof; 4. "Board" means the Oklahoma Water Resources Board; 5. "Department" means the Department of Environmental Quality; and 6. "Safe Drinking Water Act" means the federal Safe Drinking Water Act as exists on the effective date of this act, as may be amended, or any successor statute.
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