New York Laws
Article 5-B - Limitations on State-Supported Debt
67-A - Definitions.

(i) the acquisition, construction, demolition, or replacement of a
fixed asset or assets;
(ii) the major repair or renovation of a fixed asset, or assets which
materially extends its useful life or materially improves or increases
its capacity; or
(iii) the planning or design of the acquisition, construction,
demolition, replacement, major repair or renovation of a fixed asset or
assets, including the preparation and review of plans and specifications
including engineering and other services, field surveys and sub-surface
investigations incidental thereto.