Section 499-AAAA. Definitions  


Latest version.
  • When used in this title, the following terms
      shall have the following meanings:
        1. "Applicant" shall mean (a) with respect  to  an  eligible  building
      held  in  the cooperative or condominium form of ownership, the board of
      managers of a condominium or the board of  directors  of  a  cooperative
      apartment  corporation,  or  (b)  with  respect  to  any  other eligible
      building, the owner of such building.
        2. "Application for tax abatement" shall mean  an  application  for  a
      solar  electric generating system tax abatement pursuant to section four
      hundred ninety-nine-cccc of this title.
        3. "Architect" shall mean a person licensed and registered to practice
      the profession of architecture under the education law.
        4. "Compliance period"  shall  mean  the  tax  year  in  which  a  tax
      abatement commences and the three tax years immediately thereafter.
        5.  "Department  of finance" shall mean the department of finance of a
      city having a population of one million or more persons.
        6. "Designated agency" shall mean one or more agencies or  departments
      of  a  city  having a population of one million or more persons that are
      designated by the mayor of such city to exercise the  functions,  powers
      and duties of a designated agency pursuant to this title.
        7. "Eligible building" shall mean a class one, class two or class four
      real property, as defined in subdivision one of section eighteen hundred
      two  of  this  chapter, located within a city having a population of one
      million or more persons. No building shall be eligible for more than one
      tax abatement pursuant to this title.
        8. "Eligible solar electric generating system expenditures" shall mean
      reasonable expenditures for materials, labor costs properly allocable to
      on-site preparation, assembly and original  installation,  architectural
      and  engineering services, and designs and plans directly related to the
      construction or installation  of  a  solar  electric  generating  system
      installed  in  connection  with  an  eligible  building.  Such  eligible
      expenditures shall not include interest or other finance charges, or any
      expenditures incurred using a federal, state or local grant.
        9. "Engineer" shall mean a person licensed and registered to  practice
      the profession of engineering under the education law.
        10.  "Solar  electric generating system" shall mean a system that uses
      solar energy to generate electricity. Such system shall not include  any
      equipment  connected  to  a  solar  electric generating system that is a
      component of part or parts of a non-solar electric generating system  or
      that  uses  any  sort of recreational facility or equipment as a storage
      medium.