Section 3052. Definitions  


Latest version.
  • As used in this title, the following words and
      terms shall  have  the  following  meanings  unless  the  context  shall
      indicate another or different meaning or intent:
        1. "Corporation"  means  the  corporate governmental agency created by
      section three thousand fifty-three of this title.
        2. "City" means the city of Troy.
        3. "Chief executive officer" means the chief executive officer of  the
      city  as  defined  in  subdivision  five-a  of section 2.00 of the local
      finance law.
        4. "City comptroller" means the comptroller of the city of Troy.
        5. "Short-term obligations"  means  tax  anticipation  notes,  revenue
      anticipation  notes,  bond  anticipation  notes,  budget notes and urban
      renewal notes.
        6. "Bond or note facility"  means  any  insurance  policy,  letter  of
      credit or other credit enhancement with respect to bonds or notes of the
      corporation issued pursuant to this title.