N.Y. Public Authorities Law § 2676-b: Definitions

§ 2676-b. Definitions. As used or referred to in this title, unless a

different meaning clearly appears from the context:

1. "Authority" shall mean the Albany county pine hills land authority

created by this title.

2. "City" shall mean the city of Albany.

3. "The college of Saint Rose facilities" shall mean any facility or

land including but not limited to any athletic facility, educational

facility, performing arts facility, or residential facility owned or

operated by the college of Saint Rose, and shall include such other

facilities, equipment, property, structures and appurtenances as may be

necessary or convenient in the operation, maintenance, development or

improvement of, leased by the authority to persons, engaged in the

production or development of the facilities or land.

4. "Bonds" shall mean 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 bond holders which shall

apply with equal force and effect to notes and note holders unless the

context otherwise clearly requires.

5. "Construction" shall mean the acquisition, erection, building,

alteration, repair, improvement, increase, enlargement, extension,

installation, reconstruction, renovation or rehabilitation of a project

including any appurtenances thereto which may be necessary or desirable

to promote the efficiency or effectiveness of such project; the

inspection and supervision thereof; and the engineering, consulting,

architectural, legal, fiscal and economic and environmental

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

specifications, procedures and other actions incidental thereto and

claims arising therefrom.

6. "Cost", as applied to any project, shall include the cost of the

acquisition of all property both real and personal, improved and

unimproved, the cost of demolishing, removing or relocating any

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

relocating tenants or other occupants of the buildings or structures on

such land and the cost of acquiring any lands to which such buildings or

structures may be moved or relocated, the cost of all systems,

facilities, 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

construction, the cost of engineering and architectural surveys, plans

and specifications, the cost of consultants and legal services, the cost

of lease, guarantees, credit enhancement or bond insurance, other

expenses necessary or incidental to the construction of 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 fund from the

proceeds of such bonds and the financing of the placing of any project

in operation, including reimbursement, to any public corporation, the

state, the federal government, or any other person for expenditures,

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

authority.

7. "County" shall mean the county of Albany.

8. "Facility" shall include, but not be limited to, properties,

structures, appurtenances, utilities, and such other works.

9. "Federal government" shall mean the United States of America, and

any department, board, commission, bureau, division, corporation,

agency, or instrumentality thereof.

10. "Joint service arrangements" shall mean agreements between or

among the authority and any person, the state, the county, any other

public corporation including the advance Albany county alliance, the

federal government, any other state or agency or instrumentality

thereof, relating to property, buildings, structures, facilities,

services, rates, classification, divisions, allowances or charges, or

rules or regulations pertaining thereto.

11. "Minority and women-owned business enterprise" or "minority or

women-owned business enterprise" shall mean a minority-owned business

enterprise and/or a women-owned business enterprise, as such terms are

defined by section three hundred ten of the executive law.

12. "Municipality" shall mean a county, city, town, village, or school

district.

13. "Person" shall mean any natural person, firm, partnership

association, joint venture, or corporation, exclusive of a public

corporation.

14. "Personal property" shall mean chattels and other tangible things

of a moveable or removable nature.

15. "Property" shall mean both real and/or personal property.

16. "Project" shall mean any property or improvements located within

the state of New York and within or outside or partially outside the

county of Albany, including, but not limited to, machinery, equipment,

and other facilities deemed necessary or desirable in connection

therewith, or incidental thereto, whether or not in existence or under

construction upon the effective date of this title, which shall be

necessary or suitable for purposes and redevelopment of the college of

Saint Rose facilities provided, however, the authority shall not use its

funds in respect of any part of a project located wholly or partially

outside the county without the prior consent thereto by the governing

body of any other county in which a part or parts of such project is, or

is to be located.

17. "Public corporation" shall mean a county, city, town, village,

school district or special district, any public benefit corporation,

agency or instrumentality of the state or of any municipality, or two or

more of any of the foregoing acting jointly.

18. "Real property" shall mean lands, structures, franchises and

interests in land, airspace, waters, lands under water, riparian rights,

rights, any fixtures, equipment and articles of personal property

affixed to or used in connection therewith, and any and all things and

rights included within such term and includes not only fees simple

absolute but also any and all lesser interests including but not limited

to easements, rights of way, uses, leases, licenses and all other

incorporeal hereditaments and every estate, interest or right, legal or

equitable, including terms for years and liens thereon by way of

judgments, mortgages, or otherwise.

19. "Revenues" shall mean all rates, fees, rents, revenues, charges,

and other income derived by the authority from the operation, leasing,

sale, or other disposition of the college of Saint Rose related

facilities.

20. "State" shall mean the state of New York.