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This entry was published on 2014-09-22
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SECTION 1426
Definitions
Public Authorities (PBA) CHAPTER 43-A, ARTICLE 7, TITLE 2
§ 1426. 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 corporation created by section
one thousand four hundred twenty-seven of this title;

2. The term "city" shall mean the city of White Plains;

3. The term "bonds" shall mean the bonds authorized in this title;

4. The term "board" shall mean the members of the authority;

5. The term "real property" shall mean lands, structures, franchises,
and interest in lands, and any and all things usually included within
the said term, and includes 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;

6. The term "project" shall mean any area or place operated or to be
operated for the parking or storing of motor and other vehicles and
shall, without limiting the generality of the foregoing, include all
real and personal property, driveways, roads, approaches, structures,
terminals of all kinds, garages, meters, machinery, apparatus and
equipment, and all appurtenances and facilities either on, above or
under the ground which are determined to be necessary or convenient in
connection with the operation of any such area or place;

7. The term "projects" shall mean more than one project.

8. The term "bonds" shall mean bonds, notes or other obligations
issued by the authority pursuant to this title;

9. The term "construction", as applied to any project, shall include
the erection, building, acquisition, alteration, reconstruction,
improvement, enlargement or extension thereof, as the case may be,
including the inspection and supervision thereof, and the engineering,
architectural, legal, fiscal and economic investigations, studies,
surveys, designs, plans, working drawings, specifications, procedures
and other actions incidental thereto;

10. The term "cost", as used with reference to any project or other
corporate purpose of the authority, shall include the cost of the
construction, the cost of the acquisition of all property, including
real and personal property, improved or unimproved, and the cost of
demolishing, removing or relocating any buildings, structures or other
improvements on lands acquired for the project, the cost of all
machinery, apparatus and equipment, the cost of all appurtenances and
incidental facilities, financing charges, interest prior to and during
construction, the cost of engineering and architectural surveys, plans
and specifications, the cost of legal and other professional services,
the cost of lease guarantee or bond insurance, other expenses necessary
or incidental to the construction of the project and the financing
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 the project in operation, including
reimbursement to the city, any state agency, the state, the United
States government, or any other person, for expenditures made with the
prior approval of the authority, that would be costs of the project
hereunder had they been made directly by the authority;

11. The term "revenues" shall mean all rates, fees, rents, charges and
all other income derived by the authority from its operations; and

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