(a)As used in this act, the following words and terms
shall have the following meanings, unless the context shall
indicate another or different meaning or intent:
(i)The term "commission" shall mean the Wyoming
Yellowstone Park commission, created by section 4 of this act,
or, if said commission shall be abolished, the board, body or
authority succeeding to the principal functions thereof or to
whom the powers given by this act to the commission shall be
given by law;
(ii)"Recreational area and facilities" shall mean
and embrace all of the area and facilities of the commission in
Yellowstone National Park constructed or acquired by lease,
license, agreement or purchase, including but not limited to
cabins, lodges, hotels, restaurants, commissaries, and any other
revenue producing facili
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(a) As used in this act, the following words and terms
shall have the following meanings, unless the context shall
indicate another or different meaning or intent:
(i) The term "commission" shall mean the Wyoming
Yellowstone Park commission, created by section 4 of this act,
or, if said commission shall be abolished, the board, body or
authority succeeding to the principal functions thereof or to
whom the powers given by this act to the commission shall be
given by law;
(ii) "Recreational area and facilities" shall mean
and embrace all of the area and facilities of the commission in
Yellowstone National Park constructed or acquired by lease,
license, agreement or purchase, including but not limited to
cabins, lodges, hotels, restaurants, commissaries, and any other
revenue producing facilities in the recreational area;
(iii) "Project" shall be deemed to mean collectively
the acquisition or leasing of the recreational area and
facilities, the acquisition or the construction of any buildings
or other works, together with any incidental approaches,
structures, facilities and property reasonably necessary and
useful in order to provide new or improved recreational
facilities in the recreational area;
(iv) The term "bonds" shall mean the bonds, notes,
temporary bonds, interim receipts or other obligations issued by
the commission pursuant to this act;
(v) The term "revenues" shall mean all rates,
rentals, admission fees, charges and other income derived from
the operation of the project by the commission;
(vi) The term "cost" as applied to a project shall
include, without being limited to, the cost of acquisition of
the project, the cost of construction, the cost of acquisition,
leasing or licensing of all land, rights-in-land, property
rights, easements and interests by the commission for such
construction, the cost of demolishing or removing any buildings
or structures on land so acquired, leased or licensed, the cost
of all machinery and equipment, financing charges, interest
prior to and during construction and for a reasonable period
thereafter, cost of estimates and of engineering and legal
expenses, plans, specifications, surveys, estimates of cost and
revenues, other expenses necessary or incident to determining
the feasibility or practicability of constructing and acquiring,
leasing or licensing the project, administrative expense, and
such other expense as may be necessary or incident to the
construction and acquisition of the project, the financing of
such construction and acquisition and the placing of the project
in operation. Any moneys appropriated by the state for the
purpose of the commission and required to be reimbursed by it
shall be considered as a part of the cost of the project and
shall be reimbursed to the state out of the proceeds of the
bonds issued for the project.