Section 1048-B. Definitions

As used or referred to in this title, unless a
  different meaning clearly appears from the context:
    1. "Authority" shall mean the public benefit  corporation  created  by
  section  one  thousand forty-eight-c of this title, known as the Buffalo
  municipal water finance authority.
    2. "Bonds" shall mean bonds, notes or other evidences of  indebtedness
  issued  by  the  authority  pursuant to this title and the provisions of
  this title relating to bonds and  bondholders  shall  apply  with  equal
  force  and  effect  to  notes  and noteholders, respectively, unless the
  context otherwise clearly requires.
    3. "City" shall mean the city of Buffalo.
    4. "Common council" or "council" shall mean the common council of  the
  city of Buffalo.
    5. "Comptroller" shall mean the comptroller of the city.
    6.  "Construction"  shall  mean  the  acquisition, erection, building,
  alteration,    improvement,    increase,     enlargement,     extension,
  reconstruction,  renovation or rehabilitation of a water system or water
  project as defined herein; the inspection and supervision  thereof;  and
  the   engineering,   architectural,   legal,  fiscal  and  economic  and
  environmental  investigations  and  studies,  surveys,  designs,  plans,
  working   drawings,   specifications,   procedures   and  other  actions
  incidental thereto and claims arising therefrom.
    7. "Contracting agency" shall mean any municipality, agency, authority
  or board, state agency, public authority or public  benefit  corporation
  authorized  to  award  contracts  for  design, construction, services or
  materials for water projects authorized by this title.
    8. "Cost", as applied to any water project, shall include the cost  of
  construction,  the  cost  of  the acquisition of all property, including
  both real, personal and mixed, the  cost  of  demolishing,  removing  or
  relocating  any  buildings or structures on lands so acquired, including
  the cost of acquiring any lands to which such  buildings  or  structures
  may  be  moved  or  relocated,  the  cost  of  all  systems, facilities,
  machinery, apparatus and equipment, financing  charges,  interest  prior
  to, during and after construction to the extent not paid or provided for
  from   revenues   or   other   sources,  the  cost  of  engineering  and
  architectural  surveys,  plans   and   specifications,   the   cost   of
  consultants'  and  legal  services,  the cost of lease guarantee or bond
  insurance, other expenses necessary, reasonably related or incidental to
  the construction  of  such  water  project  and  the  financing  of  the
  construction  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 any water project in operation, including
  reimbursement to any municipality, state agency, the state,  the  United
  States  government,  or  any other person for expenditures that would be
  costs of the water project hereunder.
    9. "Mayor" shall mean the mayor of the city of Buffalo.
    10. "Municipal bond" shall mean a bond,  note  or  other  evidence  of
  indebtedness  lawfully  issued by the city pursuant to the local finance
  law or any other law applicable thereto.
    11. "Person" shall mean any person, firm, partnership, association, or
  corporation organized or existing under the laws of  the  state  or  any
  other  state,  exclusive  of  public corporations as defined pursuant to
  article two-A of the general construction law.
    12. "Real property"  shall  mean  lands,  structures,  franchises  and
  interests  in  land,  waters,  lands  under  water, groundwater riparian
  rights and air rights and any and all things and rights included  within
  said  term  and includes not only fees simple absolute, but also any and

  all lesser interests including, but not limited to, easements, rights of
  way, uses, leases, licenses and all other incorporeal hereditaments  and
  every  estate,  interest  or rights, legal or equitable, including terms
  for years and liens thereon by way of judgments, mortgages or otherwise.
    13. "State" shall mean the state of New York.
    14.  "State  agency"  shall  mean any state office, department, board,
  commission, bureau or division, or other agency  or  instrumentality  of
  the state.
    15.  "System  revenues"  shall mean rents, fees, charges, payments and
  other income and receipts derived from users of a water  system  of  the
  city  or  the  water board including, without limiting the generality of
  the  foregoing,  investment  proceeds   and   proceeds   of   insurance,
  condemnation,  sale  or  other disposition of any part thereof, together
  with all federal or state aid therefor.
    16. "Water board" shall mean the water board created by a special  act
  of  the state legislature, for the city as a body corporate and politic,
  constituting a public benefit corporation, and  having  the  powers  and
  duties as provided in this title.
    17.  "Water  facility"  or  "water  facilities" shall mean any plants,
  structures and other real and personal property acquired, rehabilitated,
  or constructed or planned for the purpose of supplying, distributing  or
  treating  water,  including  but  not  limited to surface or groundwater
  reservoirs,  basins,  dams,  canals,  aqueducts,  standpipes,  conduits,
  pipelines,   mains,   pumping   stations,  water  distribution  systems,
  compensating reservoirs, intake  stations,  water-works  or  sources  of
  water   supply,  wells,  purification  or  filtration  plants  or  other
  treatment plants and works, connections, water meters, rights of flowage
  or division and other plants, structures, equipment,  conveyances,  real
  or  personal  property  or  rights  therein  and  appurtenances  thereto
  necessary  or  useful  and  convenient  for  the  accumulation,  supply,
  treatment or distribution of water.
    18.  "Water  project"  shall  mean  any  water  facility including the
  planning, development, financing or construction thereof.
    19. "Water system" shall mean the water supply and distribution system
  or systems owned by, in the possession of the city or the water board or
  under the jurisdiction, control and regulation of  the  city,  including
  all  additions,  increases,  enlargements,  extensions  or  improvements
  thereto.