US Laws, Codes, Statutes & Cases

 
    §  252.    Definitions.  As  used in this article, the following terms
  shall have the following meanings:
    1. "Board". The board of directors  of  the  fund  as  such  board  is
  constituted pursuant to section two hundred fifty-three of this article.
    2.  "Capital improvement". Seating stands in the grandstand, clubhouse
  or elsewhere utilized  as  part  of  the  racing  facilities,  buildings
  including  but  not  limited  to  backstretch  and  paddock  facilities,
  stables, parking  lots,  track  and  infield  areas,  fencing,  signing,
  equipment and other structures, appurtenances and machinery which may be
  necessary,  desirable  or  incidental  to  the operation of thoroughbred
  racing at the racing facilities of  the  non-profit  racing  association
  including   acquisition  of  real  property  or  interests  therein  and
  improvements necessary or appropriate in connection therewith.
    3.  "Capital  plan".  The  capital  plan  means  a  plan  of   capital
  improvements  conforming  to  the  requirements  of  section two hundred
  fifty-eight of this article.
    4. "Comptroller". The comptroller of the state of New York.
    5.  "Cost".   The   cost   of   planning,   acquiring,   constructing,
  reconstructing,   improving,   equipping   and   furnishing   a  capital
  improvement and of placing of same in operation including the  costs  of
  legal,  administrative,  engineering, consulting and technical services,
  insurance,  financing  and  refinancing  costs,  and  any  other   costs
  incidental or properly attributable thereto.
    6.  "Director  of  the  budget".  The  director of the division of the
  budget of the state of New York.
    7. "Fund". The New York state thoroughbred racing  capital  investment
  fund established by section two hundred fifty-three of this article.
    8.  "Non-profit racing association". An association incorporated under
  section one-a of chapter four hundred forty  of  the  laws  of  nineteen
  hundred  twenty-six which has been granted franchises for the conduct of
  running races, steeplechases or hunt meetings and  for  the  conduct  of
  pari-mutuel  betting  on  the outcome thereof either by the state racing
  commission or its successor, the state racing and wagering board.
    9. "Races". Races upon which  pari-mutuel  wagering  is  conducted  at
  thoroughbred  race  meetings  of  such  non-profit racing association as
  authorized by the state racing and wagering board.
    10. "Racing facility". The thoroughbred racing facilities  located  in
  Queens  county,  Saratoga county or jointly located in Nassau and Queens
  counties and known as Belmont Park  racetrack,  Aqueduct  racetrack  and
  Saratoga  thoroughbred  racetrack, including structures, seating stands,
  buildings, barns, racing or  training  tracks,  and  all  other  capital
  improvements  not herein specifically set out and all appurtenances upon
  any of the foregoing.
    11. "State". The state of New York.