N.Y. Racing, Pari-Mutuel Wagering and Breeding Law § 602: Definitions

§ 602. Definitions. As used in this article, the following terms shall

mean and include:

1. "Administrative code." The administrative code of the city.

2. "Board." The board of directors of the corporation as such board is

constituted pursuant to section six hundred three of this article.

3. "Bonds" and "notes." Bonds and notes respectively, authorized and

issued by the corporation pursuant to this article.

4. "Branch office." An establishment maintained and operated by the

corporation, where off-track, pari-mutuel bets on horse races may be

placed in accordance with the terms and conditions of this article and

the regulations promulgated pursuant thereto.

5. "Charter." The New York city charter.

6. "City." The city of New York.

8. "Corporation." The New York city off-track betting corporation

established by section six hundred three of this article.

9. "Cost of corporation's functions." All costs and expenses incurred

by the corporation in connection with the performance of the functions

of the corporation, including, but not limited to, operating expenses of

the corporation, the cost of acquiring, constructing or equipping branch

offices and other facilities and premises of the corporation, and

interest and principal on bonds, notes or other obligations of the

corporation issued to finance the acquisition, construction or equipment

of such offices, facilities or premises.

10. "Commissioner of finance." The commissioner of finance of the

city.

11. "Mayor." The mayor of the city.

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

13. "Track." The grounds or enclosure within which horse races are

conducted by any person, corporation or association lawfully authorized

to hold such races.

14. "Site selection board." The site selection board shall be composed

of the commissioner of general services, the chief executive officer of

the urban development corporation, the director of the division of the

budget, and a designee of the mayor of the city of New York; and with

respect to a branch office located wholly or partly within a borough, of

the city, the president or presidents of the borough or boroughs in

which the proposed site is located.