New York Laws
Title 28-B - Schenectady Metroplex Development Authority
2652 - Definitions.

§ 2652. Definitions. As used or referred to in this title, unless a
different meaning clearly appears from the context:

1. The term "authority" shall mean the public benefit corporation
created by section twenty-six hundred fifty-three of this title.

2. The term "board" shall mean the members of the authority created in
section twenty-six hundred fifty-three of this title.

3. The term "person" shall mean any natural person, partnership,
limited liability company, association, joint venture or corporation,
exclusive of a public corporation.

4. The term "service district" shall mean the Schenectady metroplex
service district created by section twenty-six hundred fifty-four of
this title.

5. The term "bonds" shall mean bonds and notes issued by the authority
pursuant to this title.

6. The term "state" shall mean the state of New York.

7. The term "governor" shall mean the governor of the state of New
York.

8. The term "comptroller" shall mean the comptroller of the state of
New York.

9. The term "director of the budget" shall mean the director of the
budget of the state of New York.

10. The term "municipality" shall mean a county, town, city, or
village.

11. The term "county" shall mean the county of Schenectady.

12. The term "county legislature" shall mean the Schenectady county
legislature.

13. The term "city" shall mean the city of Schenectady.

14. The term "mayor" shall mean the mayor of the city of Schenectady.

15. The term "city council" shall mean the city council of the city of
Schenectady.

16. The term "metroplex facility" shall mean any facility, building,
structure, park or other real property owned, leased, constructed,
created, designed, developed, planned, financed, operated, renovated,
administered, managed and/or maintained by the authority.

17. The term "park district" shall mean any area designated by the
authority, within the service district, to be an historic preservation
district, a special entertainment district, an educational entertainment
district, or a recreational park district.

18. The term "construction" shall mean the acquisition, erection,
building, alteration, improvement, increase, enlargement, extension,
reconstruction, renovation or rehabilitation of any project financed
under the provisions of this title; the inspection and supervision
thereof; and the engineering, architectural, legal, fiscal and economic
investigations and studies, surveys, designs, plans, working drawings,
specifications, procedures and other actions preliminary or incidental
thereto.

19. The term "real property" shall mean lands, waters, rights in lands
or waters, structures, franchises and interests in land, including lands
under water, riparian rights, property rights in air space and/or
subsurface space and any and all other things and rights usually
included within such term and includes also any and all interests in
such property less than full title, such as easements permanent or
temporary, rights-of-way, uses, leases, licenses and all other
incorporeal hereditaments and every estate, interest or right legal or
equitable.

20. The term "personal property" shall mean chattels and other
tangible things of a movable or removable nature.

21. The term "cost" as applied to any project, includes the cost of
construction, the cost of the acquisition of all property, rights in
property, rights-of-way, easements, franchises, and interests, including
real property and other property, both real, personal and mixed,
improved and unimproved, the cost of demolishing, removing or relocating
any buildings or structures on lands so acquired, including the cost of
acquiring any lands to which such buildings or structures may be moved
or relocated, the cost of all machinery, apparatus and equipment,
financing charges, interest prior to, during and after construction to
the extent not paid or provided for from revenues or other sources, the
cost of engineering and architectural surveys, plans and specifications,
the cost of consultant and legal services, the cost of guarantee, bond
insurance or other credit support devices and the cost of other expenses
necessary or incidental to the construction of any such project and the
financing of the construction thereof, including the amount authorized
in the resolution of the authority providing for the issuance of bonds
to be paid into any reserve or other special funds from the proceeds of
such bonds and the financing of the placing of any project in operation,
including reimbursement to any municipality, state agency, the state,
the United States government, or any other person for expenditures that
would be costs of the project hereunder had they been made directly by
the authority.

22. The term "project" shall mean a facility, building, structure,
park or other real property, or any portion thereof, which the
ownership, lease, transfer, design, development, planning, financing,
creation, siting, construction, renovation, administration, operation,
management and/or maintenance is authorized to be undertaken, in whole
or in part, by the authority pursuant to this title.

23. The term "revenues" shall mean all monies, funds, rates, fees,
tolls, rents, charges or other income derived by the authority from its
planning, development, financing, construction, operation, management,
or maintenance functions, or any monies or funds appropriated to the
authority from the state or a municipality, or any monies or funds
obtained from public or private donations to the authority or the tax
revenues payable to the authority pursuant to section twelve hundred
ten-C of the tax law.

24. The term "United States" shall mean the United States of America
or any department, agency or instrumentality thereof acting on behalf of
the United States of America.