N.Y. Public Authorities Law § 2577: Definitions

§ 2577. Definitions. As used or referred to in this title, unless a

different meaning clearly appears from the context, the following terms

shall mean and include:

1. "Authority". The corporation created by section two thousand five

hundred seventy-eight of this title.

2. "City". The City of Rochester.

3. "Board". The members of the authority constituting and acting as

the governing body of the authority.

4. "Bonds". The bonds, notes or other evidences of indebtedness issued

by the authority pursuant to this title, and the provisions of this

title relating to bonds and bondholders shall apply with equal force and

effect to notes and noteholders, respectively, unless the context

otherwise clearly requires.

5. "Construct", "construction" or "constructed". The acquisition,

erection, building, alteration, improvement, increase, enlargement,

extension, reconstruction, renovation or rehabilitation of a

professional soccer stadium; the inspection and supervision thereof; and

the engineering, architectural, legal, fiscal and economic

investigations and studies, surveys, designs, plans, working drawings,

specifications, procedures and other actions preliminary or incidental

thereto.

6. "Cost". As applied to any project, means and includes the cost of

construction, the cost of the acquisition of all property, including

real property and other property, real, personal and mixed and improved

and unimproved, the cost of demolishing, removing or relocating of any

buildings or structures on lands so acquired, including the cost of

acquiring any lands to which such buildings or structures may be moved

or relocated, the cost of the professional soccer stadium, machinery,

apparatus and equipment, the cost of engineering and architectural

surveys, plans and specifications, the cost of consultant and legal

services, the cost of other expenses necessary or incidental to the

construction of any project or facility for the purposes of professional

soccer and the financing of the construction thereof and the financing

of the placing of any such project or such facility in operation,

including reimbursement to the county or any municipality, state agency,

the state, the United States government or any other person for

expenditures that would be costs of a project hereunder had they been

made directly by the authority.

7. "Controller". The controller of the county of Monroe.

8. "County". The county of Monroe.

9. "County legislature". The Monroe county legislature.

10. "Notes". The notes authorized by the title.

11. "Person". Any natural person, partnership, association, joint

venture or corporation, exclusive of a public corporation.

12. "Project". Any real property or improvements located within the

state of New York and within Monroe county, whether or not now in

existence or under construction, which shall be necessary or suitable

for use as a sports facility or for a use incidental to a sports

facility, including, but not limited to, machinery, equipment and other

facilities deemed necessary or desirable in connection therewith, or

incidental thereto.

13. "Real property". Lands, including air and subsurface rights and

lands under water, structures, franchises and interests in lands and any

and all things usually included within the said terms, including 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.

14. "Revenues". All fees, charges, tolls, rentals, rates and other

income and receipts derived from the operation of any sports facility

including, without limiting the generality of the foregoing, investment

proceeds and proceeds of insurance, condemnation, and sale or other

disposition of assets, together with all federal, state or municipal aid

if any.

15. "Sports facility". Real property and improvements and structures

thereon in the county, constituting a professional soccer stadium and

other structures or related facilities, suitable for the holding of

professional soccer events, including parking therefor.

16. "State". The state of New York.

17. "State agency". Any state office, public benefit corporation,

department, board, commission, bureau, division or other agency or

instrumentality of the state.