2006 New York Code - Definitions.



 
    §  1426.  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 corporation created by  section
  one thousand four hundred twenty-seven of this title;
    2. The term "city" shall mean the city of White Plains;
    3. The term "bonds" shall mean the bonds authorized in this title;
    4. The term "board" shall mean the members of the authority;
    5.  The term "real property" shall mean lands, structures, franchises,
  and interest in lands, and any and all things  usually  included  within
  the  said  term, and includes not only fees simple absolute but also any
  and all lesser interests,  such  as  easements,  rights  of  way,  uses,
  leases,  licenses,  and  all  other  incorporeal hereditaments and every
  estate, interest or right, legal or equitable, including terms of years,
  and liens thereon by way of judgments, mortgages or otherwise, and  also
  claims for damage to real estate;
    6.  The  term "project" shall mean any area or place operated or to be
  operated for the parking or storing of  motor  and  other  vehicles  and
  shall,  without  limiting  the  generality of the foregoing, include all
  real and personal property, driveways,  roads,  approaches,  structures,
  terminals  of  all  kinds,  garages,  meters,  machinery,  apparatus and
  equipment, and all appurtenances and  facilities  either  on,  above  or
  under  the  ground which are determined to be necessary or convenient in
  connection with the operation of any such area or place;
    7. The term "projects" shall mean more than one project.
    8. The term "bonds" shall  mean  bonds,  notes  or  other  obligations
  issued by the authority pursuant to this title;
    9.  The  term "construction", as applied to any project, shall include
  the  erection,  building,   acquisition,   alteration,   reconstruction,
  improvement,  enlargement  or  extension  thereof,  as  the case may be,
  including the inspection and supervision thereof, and  the  engineering,
  architectural,  legal,  fiscal  and  economic  investigations,  studies,
  surveys, designs, plans, working  drawings,  specifications,  procedures
  and other actions incidental thereto;
    10.  The  term  "cost", as used with reference to any project or other
  corporate purpose of the  authority,  shall  include  the  cost  of  the
  construction,  the  cost  of  the acquisition of all property, including
  real and personal property, improved or  unimproved,  and  the  cost  of
  demolishing,  removing  or relocating any buildings, structures or other
  improvements on  lands  acquired  for  the  project,  the  cost  of  all
  machinery,  apparatus  and  equipment, the cost of all appurtenances and
  incidental facilities, financing charges, interest prior to  and  during
  construction,  the  cost of engineering and architectural surveys, plans
  and specifications, the cost of legal and other  professional  services,
  the  cost of lease guarantee or bond insurance, other expenses necessary
  or incidental to the construction  of  the  project  and  the  financing
  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 fund from the proceeds of such bonds and the
  financing  of  the  placing  of  the  project  in  operation,  including
  reimbursement  to  the  city,  any  state  agency, the state, the United
  States government, or any other person, for expenditures made  with  the
  prior  approval  of  the  authority,  that would be costs of the project
  hereunder had they been made directly by the authority;
    11. The term "revenues" shall mean all rates, fees, rents, charges and
  all other income derived by the authority from its operations; and
    12. The term "state" shall mean the state of New York.

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