Section 1493-B. Definitions

As used or referred to in this title, unless a
  different meaning clearly appears from the context:
    1. The term "authority" shall mean the corporation created by  section
  fourteen hundred ninety-three-c of this title;
    2. The term "city" shall mean the city of Albany;
    3. The term "bonds" shall mean the bonds authorized in this title;
    4. The term "board" shall mean the members of the authority;
    5.  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;
    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.