N.Y.
Public Authorities Law Section 1599-B*4
Definitions
1.
The term “authority” shall mean the corporation created by § 1599-C (City of Binghamton parking authority)section fifteen hundred ninety-nine-c of this title;2.
The term “city” shall mean the city of Schenectady;3.
The term “bonds” shall mean the bonds and notes authorized in this title;4.
The term “board” shall mean the members of the authority;5.
The term “comptroller” shall mean the comptroller of the state;6.
The term “project” shall mean any area or place operated or to be operated by the authority for the parking or storing of motor and other vehicles and shall, without limiting the foregoing, include all real and personal property, driveways, roads, approaches, structures, terminals of all kinds, garages, meters, mechanical equipment, and all appurtenances and facilities either on, above or under the ground which are used or usable in connection with such parking or storing of such vehicles in the area of the city;7.
The term “projects” shall mean more than one project;8.
The term “property” shall mean the project or projects of the authority, including all real and personal property or any other property incidental to and included in such project or projects or part thereof, and any improvements, extensions and betterments;9.
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 interest, 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, in the area of the city;10.
The term “state” shall mean the state of New York. * NB Authority ceased to exist 08/05/2002 * NB There are 4 § 1599-b’s
Source:
Section 1599-B*4 — Definitions, https://www.nysenate.gov/legislation/laws/PBA/1599-B*4 (updated Sep. 22, 2014; accessed May 11, 2024).
