N.Y. Transportation Law 471 – Definitions
* § 471. Definitions. As used in this article, the following terms shall have the following meanings:
Terms Used In N.Y. Transportation Law 471
- Canal corporation: shall mean the New York state canal corporation created pursuant to § 382 of the public authorities law. See N.Y. Transportation Law 471
- Commissioner: shall mean the commissioner of transportation of the state of New York. See N.Y. Transportation Law 471
- 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.
- Department: shall mean the department of transportation of the state of New York. See N.Y. Transportation Law 471
- Federal assistance: shall mean funds available from the federal government for any municipal transportation infrastructure project. See N.Y. Transportation Law 471
- Municipal transportation infrastructure project: shall mean a transportation infrastructure project undertaken by a municipality with funds provided in whole or in part by the Transportation Infrastructure Bond Act of 2000, for those transportation programs set forth in paragraph (a) or (b) of subdivision two of section four hundred seventy of this article, pursuant to an agreement between such municipality and the commissioner. See N.Y. Transportation Law 471
- Municipality: shall mean a city; a county not wholly contained within a city; a town; a village; a public benefit corporation or other public authority or corporation, or two or more of the foregoing acting jointly. See N.Y. Transportation Law 471
- Transportation infrastructure project: shall mean a project undertaken with funds provided in whole or in part by the Transportation Infrastructure Bond Act of 2000, for those transportation programs set forth in paragraphs (a) and (b) of subdivision two of section four hundred seventy of this article. See N.Y. Transportation Law 471
1. "Transportation infrastructure project" shall mean a project undertaken with funds provided in whole or in part by the Transportation Infrastructure Bond Act of 2000, for those transportation programs set forth in paragraphs (a) and (b) of subdivision two of section four hundred seventy of this article.
2. "Municipality" shall mean a city; a county not wholly contained within a city; a town; a village; a public benefit corporation or other public authority or corporation, or two or more of the foregoing acting jointly. Provided, however, that "municipality" shall not include the port authority of New York and New Jersey.
3. "Commissioner" shall mean the commissioner of transportation of the state of New York.
4. "Department" shall mean the department of transportation of the state of New York.
5. "Municipal transportation infrastructure project" shall mean a transportation infrastructure project undertaken by a municipality with funds provided in whole or in part by the Transportation Infrastructure Bond Act of 2000, for those transportation programs set forth in paragraph (a) or (b) of subdivision two of section four hundred seventy of this article, pursuant to an agreement between such municipality and the commissioner.
6. "Federal assistance" shall mean funds available from the federal government for any municipal transportation infrastructure project.
7. "Municipal project cost" shall mean the actual cost of a municipal transportation infrastructure project or the estimated reasonable cost thereof as determined by the commissioner, whichever is less, and less any federal assistance received or to be received for such project.
8. "Bond proceeds" shall mean moneys received by the state from the sale of bonds and/or notes sold pursuant to the Transportation Infrastructure Bond Act of 2000 for uses set forth in subdivisions a and b of section four of the Transportation Infrastructure Bond Act of 2000.
9. "Canal corporation" shall mean the New York state canal corporation created pursuant to § 382 of the public authorities law.
10. "Canal system" shall mean the "New York state canal system", as such term is defined by subdivision ten of § 351 of the public authorities law.
11. "Metropolitan transportation authority" shall mean the corporation created by § 1263 of the public authorities law.
12. "New York city transit authority" shall mean the corporation created by § 1201 of the public authorities law.
13. "Triborough bridge and tunnel authority" shall mean the corporation created by § 552 of the public authorities law.
14. "Port Authority of New York and New Jersey" shall mean that body corporate and politic created pursuant to article three of chapter one hundred fifty-four of the laws of nineteen hundred twenty-one, and designated as "The Port Authority of New York and New Jersey" by such chapter.
* NB Not effective due to defeat of the Transportation Bond Act of 2000