1599-BB - Definitions.
§ 1599-bb. Definitions. As used or referred to in this title, unless a different meaning clearly appears from the context: (a) The term "authority" shall mean the corporation created by section three of this title; (b) The term "village" shall mean the village of Spring Valley; (c) The term "bonds" shall mean the bonds authorized in this title; (d) The term "board" shall mean the members of the authority; (e) 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, in the area of the village; (f) The term "project" shall mean any area or place operated or to be operated by the authority either wholly or partially 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, mechanical equipment, machinery, apparatus, 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 in the area of the village; (g) The term "projects" shall mean more than one project. (h) 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 investigation, studies, surveys, designs, plans, working drawings, specifications, procedures and other actions incidental thereto; (i) The term "revenues" shall mean all rates, fees, rents, charges and all other income derived by the authority from its operations.