Section 692. Definitions

As used in this article the following terms shall
  mean:
    1. "Governing body". The local legislative body.
    2. "Municipality". A city having a population of one hundred  thousand
  or more and the town of Huntington.
    3.  "  Eligible  area".  Real  property,  title  to which is held by a
  municipality. Provided, however, that in a city of one million or  more,
  property  that  the  city conveys by deed made pursuant to a judgment of
  foreclosure in an in rem tax lien foreclosure  proceeding,  or  property
  whose  conveyance is caused by, or the result of, the city's foreclosure
  of a tax lien thereon, including property to which title has not  vested
  in  the  city,  which  is  then acquired by a third party, shall also be
  deemed an eligible area under this article. Provided  further,  however,
  that  in  a city of one million or more, property that has been acquired
  by the federal government as the result of the foreclosure of a mortgage
  loan insured or held by the federal government shall also be  deemed  an
  eligible  area  under this article. Provided further, however, that real
  property consisting of two contiguous acres or more of wooded land which
  exists as substantially undeveloped at the  time  this  article  becomes
  effective shall not be included as an eligible area for purposes of this
  article.
    4.  "Agency".  The  officer,  board,  commission, department, or other
  agency of the municipality designated  by  the  governing  body,  or  as
  otherwise  provided  by  law,  to  carry out the functions vested in the
  agency under this article or delegated to the agency  by  the  governing
  body  in  order to carry out the purpose and provisions of this article,
  except that in a city having a population of one million  or  more,  the
  term  "agency"  shall  mean  a  department  of  housing preservation and
  development.
    5.  "Urban  development  action  area".  An  area  designated  by  the
  governing  body,  or by the commission where so authorized to act by the
  governing body, pursuant to section six  hundred  ninety-three  of  this
  article  as appropriate for urban development, at least sixty percent of
  which constitutes an eligible area.
    6. "Urban development action area project". A project which  shall  be
  consistent  with  the  policy and purposes stated in section six hundred
  ninety-one of this article, and located in an urban  development  action
  area,  unless  the  area  designation  requirement is waived pursuant to
  section six hundred ninety-three of this article.  The  project  summary
  for an urban development action area project shall include but shall not
  be  limited  to:  a  statement  of  proposed land uses; proposed public,
  semi-public, private or community facilities or utilities;  a  statement
  as to proposed new codes and ordinances and amendments to existing codes
  and ordinances as are required or necessary to effectuate the project; a
  proposed  time  schedule  for the effectuation of such project, and such
  additional  statements  or  documentation  as  the   agency   may   deem
  appropriate.
    7.  "Commission".  The  local  commission  or  board  charged with the
  planning of land use within the municipality or other analogous body or,
  if there be none, the board of estimate or other governing body  of  the
  municipality.