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New York · Through 2026-09-11

N.Y. Public Authorities Law § 2652: Definitions

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Where this section sits in the code
  1. Public Authorities Law
  2. Article 8. Miscellaneous Authorities
  3. Title 28-B. Schenectady Metroplex Development Authority

§ 2652. 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 public benefit corporation

created by section twenty-six hundred fifty-three of this title.

2. The term "board" shall mean the members of the authority created in

section twenty-six hundred fifty-three of this title.

3. The term "person" shall mean any natural person, partnership,

limited liability company, association, joint venture or corporation,

exclusive of a public corporation.

4. The term "service district" shall mean the Schenectady metroplex

service district created by section twenty-six hundred fifty-four of

this title.

5. The term "bonds" shall mean bonds and notes issued by the authority

pursuant to this title.

6. The term "state" shall mean the state of New York.

7. The term "governor" shall mean the governor of the state of New

York.

8. The term "comptroller" shall mean the comptroller of the state of

New York.

9. The term "director of the budget" shall mean the director of the

budget of the state of New York.

10. The term "municipality" shall mean a county, town, city, or

village.

11. The term "county" shall mean the county of Schenectady.

12. The term "county legislature" shall mean the Schenectady county

legislature.

13. The term "city" shall mean the city of Schenectady.

14. The term "mayor" shall mean the mayor of the city of Schenectady.

15. The term "city council" shall mean the city council of the city of

Schenectady.

16. The term "metroplex facility" shall mean any facility, building,

structure, park or other real property owned, leased, constructed,

created, designed, developed, planned, financed, operated, renovated,

administered, managed and/or maintained by the authority.

17. The term "park district" shall mean any area designated by the

authority, within the service district, to be an historic preservation

district, a special entertainment district, an educational entertainment

district, or a recreational park district.

18. The term "construction" shall mean the acquisition, erection,

building, alteration, improvement, increase, enlargement, extension,

reconstruction, renovation or rehabilitation of any project financed

under the provisions of this title; 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.

19. The term "real property" shall mean lands, waters, rights in lands

or waters, structures, franchises and interests in land, including lands

under water, riparian rights, property rights in air space and/or

subsurface space and any and all other things and rights usually

included within such term and includes also any and all interests in

such property less than full title, such as easements permanent or

temporary, rights-of-way, uses, leases, licenses and all other

incorporeal hereditaments and every estate, interest or right legal or

equitable.

20. The term "personal property" shall mean chattels and other

tangible things of a movable or removable nature.

21. The term "cost" as applied to any project, includes the cost of

construction, the cost of the acquisition of all property, rights in

property, rights-of-way, easements, franchises, and interests, including

real property and other property, both real, personal and mixed,

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

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 all machinery, apparatus and equipment,

financing charges, interest prior to, during and after construction to

the extent not paid or provided for from revenues or other sources, the

cost of engineering and architectural surveys, plans and specifications,

the cost of consultant and legal services, the cost of guarantee, bond

insurance or other credit support devices and the cost of other expenses

necessary or incidental to the construction of any such project and the

financing of the construction 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 funds from the proceeds of

such bonds and the financing of the placing of any project in operation,

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

the United States government, or any other person for expenditures that

would be costs of the project hereunder had they been made directly by

the authority.

22. The term "project" shall mean a facility, building, structure,

park or other real property, or any portion thereof, which the

ownership, lease, transfer, design, development, planning, financing,

creation, siting, construction, renovation, administration, operation,

management and/or maintenance is authorized to be undertaken, in whole

or in part, by the authority pursuant to this title.

23. The term "revenues" shall mean all monies, funds, rates, fees,

tolls, rents, charges or other income derived by the authority from its

planning, development, financing, construction, operation, management,

or maintenance functions, or any monies or funds appropriated to the

authority from the state or a municipality, or any monies or funds

obtained from public or private donations to the authority or the tax

revenues payable to the authority pursuant to section twelve hundred

ten-C of the tax law.

24. The term "United States" shall mean the United States of America

or any department, agency or instrumentality thereof acting on behalf of

the United States of America.

Collected 2026-09-14T19:32:45Z. Source file · JSON

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