N.Y. Executive Law 527-A – Definitions
§ 527-a. Definitions. 1. For purposes of this title, the following terms shall have the following meanings:
Terms Used In N.Y. Executive Law 527-A
- Contract: A legal written agreement that becomes binding when signed.
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
(a) "Youth center" means any area, building, structure or facility owned or operated by a not-for-profit corporation or by or for a municipality for use by the youth of the community which promotes the health, safety or general welfare of the youth community and which advances the physical, mental and social well-being of such youth community, including all necessary and attendant and related facilities and equipment.
(b) "Facility rehabilitation grants" or "rehabilitation grants" means an award to a not-for-profit corporation or a municipality for the purpose of renovation, rehabilitation, repair, remodeling, or improvement of areas, buildings, structures or facilities intended for use as a youth center.
(c) "New facility project grant" means an award to a municipality or a municipality acting jointly with a not-for-profit corporation for the purpose of construction, demolition, or acquisition of areas, buildings, structures, or facilities intended to be owned by a municipality for use as a youth center.
(d) "Project costs" means the reasonable and necessary costs for planning, demolition, acquisition of land or buildings and construction of new buildings or the reconstruction, rehabilitation, repair or remodeling of existing buildings to be used as a youth center. Such costs shall also include all or any portion of the cost necessary for the creation of a reserve fund required pursuant to section five hundred twenty-seven-h of this title.
(e) "New facility operation agreements" or "operation agreements" means the award of a contract to which the state and a not-for-profit corporation or a municipality are parties, for the purpose of maintenance and operation of areas, buildings, structures or facilities intended for use as a youth center and for which the state has provided financing of acquisition, demolition or construction under the provisions of this title and to which the state will hold title.
(f) "Not-for-profit corporation" means a corporation as defined in subparagraph five of paragraph (a) of section one hundred two of the not-for-profit corporation law which is engaged in one or more of the youth center program activities specified in this title.
(g) "Municipality" means a county, city, town or village.
(h) "Program" means the youth center facility program.
(i) "Division" means the division for youth.
(j) "Eligible applicant" means (i) a municipality or (ii) a not-for-profit corporation or (iii) a municipality and a not-for-profit corporation applying jointly.