New York Laws
Article 6 - New York City Off-Track Betting Corporation
602 - Definitions.

§ 602. Definitions. As used in this article, the following terms shall
mean and include:

1. "Administrative code." The administrative code of the city.

2. "Board." The board of directors of the corporation as such board is
constituted pursuant to section six hundred three of this article.

3. "Bonds" and "notes." Bonds and notes respectively, authorized and
issued by the corporation pursuant to this article.

4. "Branch office." An establishment maintained and operated by the
corporation, where off-track, pari-mutuel bets on horse races may be
placed in accordance with the terms and conditions of this article and
the regulations promulgated pursuant thereto.

5. "Charter." The New York city charter.

6. "City." The city of New York.

8. "Corporation." The New York city off-track betting corporation
established by section six hundred three of this article.

9. "Cost of corporation's functions." All costs and expenses incurred
by the corporation in connection with the performance of the functions
of the corporation, including, but not limited to, operating expenses of
the corporation, the cost of acquiring, constructing or equipping branch
offices and other facilities and premises of the corporation, and
interest and principal on bonds, notes or other obligations of the
corporation issued to finance the acquisition, construction or equipment
of such offices, facilities or premises.

10. "Commissioner of finance." The commissioner of finance of the
city.

11. "Mayor." The mayor of the city.

12. "State." The state of New York.

13. "Track." The grounds or enclosure within which horse races are
conducted by any person, corporation or association lawfully authorized
to hold such races.

14. "Site selection board." The site selection board shall be composed
of the commissioner of general services, the chief executive officer of
the urban development corporation, the director of the division of the
budget, and a designee of the mayor of the city of New York; and with
respect to a branch office located wholly or partly within a borough, of
the city, the president or presidents of the borough or boroughs in
which the proposed site is located.