US Laws, Codes, Statutes & Cases

 
    § 980. Definitions. As used in this article:
    (a)  "Average  full  valuation  of  taxable  real  property" means the
  valuation obtained by taking the  assessed  valuation  of  taxable  real
  property  in the district as it appears upon the last completed and four
  preceding assessment rolls of the municipality and dividing each by  the
  applicable  state  equalization rate as determined by the state board of
  real property services pursuant to article twelve of the  real  property
  tax  law  for  each  of the assessment rolls and dividing the sum of the
  quotients thus obtained by five.
    (b) "District"  means  a  business  improvement  district  established
  pursuant to this article.
    (c)  "District  charge" means a levy imposed on behalf of the district
  as provided in the district plan.
    (d)  "District   management   association"   means   the   association
  established pursuant to section nine hundred eighty-m of this article.
    (e)  "District  plan" or "plan" means a proposal as defined in section
  nine hundred eighty-a of this article.
    (f) "Legislative body" means the local legislative body  empowered  to
  adopt and amend local laws or ordinances.
    (g)  "Municipality"  means a city, town or village within the state of
  New York.
    (h) "Owner" means owner of record.
    (i) "Tenant" means an occupant pursuant to a lease of commercial space
  or a dwelling unit, other than an owner.