(a) In this subtitle, the following words have the meanings indicated.
(b) “Development” means:
(1) Planning;
(2) Acquisition by gift, purchase, lease, or eminent domain;
(3) Construction;
(4) Reconstruction;
(5) Improvement; or
(6) Extension.
(c) “Governing body” includes any body or board that is in charge of the finances of a municipality.
(d) “Municipality” means any municipal corporation of this State.
(e) “Resolution” means any resolution or ordinance adopted by any governing body.
(f) “Revenue” includes, unless the context requires otherwise:
(1) The revenue currently derived from any existing sewerage facility that is being developed; and
(2) The revenue to be derived from any subsequent developments to the sewerage facility.
(g) “Sewerage facility” means all or any part of any plant, property, works, system, or facility that is used or useful in connection with the collection, treatment, or disposal of sewage, waste, garbage, or stormwater.