N.Y. County Law § 278: Definitions

§ 278. Definitions. For purposes of this article the following

definitions shall apply:

1. the term "board of supervisors" shall be deemed to mean "county

legislature" in those counties having county legislatures;

2. the term "typical property" shall mean a benefited property having

an assessed value that approximates the assessed value of the mode of

the benefited properties situated in the district or extension that will

be required to finance the cost of the proposed improvements;

3. the term "typical one or two family home" shall mean a benefited

property improved by a one or two family dwelling and having an assessed

value that approximates the assessed value of the mode of the benefited

properties improved by one or two family dwellings situated in the

district or extension that will be required to finance the cost of the

proposed improvement;

4. the terms "cost of the district or extension to the typical

property" and "cost of the district or extension to the typical one or

two family home" shall mean the amount that it is estimated that the

owner of such a typical property or home within the district or

extension will be required to pay for debt service, operation and

maintenance and other charges, such as user charges, related to the

improvements in the first year following formation of the district or

extension or, if greater, in the first year in which both principal and

interest on any indebtedness and operation and maintenance costs will be

paid;

5. the term "mode" shall mean, in connection with assessed value of

property, the most frequently occurring assessed value as shown on the

latest completed final assessment roll.