§ 1115 Short title
§ 1115-A Definitions
§ 1115-B Albany municipal water finance authority
§ 1115-C General powers of the authority
§ 1115-D Approval of projects
§ 1115-E Water board
§ 1115-F General powers of the water board
§ 1115-G Transfer of sewerage or water systems by the city to the water board
§ 1115-H Agreement among the water board, the city and the authority for the provision of projects
§ 1115-I Imposition and disposition of fees, rates, rents or charges
§ 1115-J Tax exemption of the water board property and activities
§ 1115-K Pledge effective without filing or recording
§ 1115-L Governmental capacity of the authority, the water board and the city
§ 1115-M Transfer of officers and employees
§ 1115-N Bonds of the authority
§ 1115-O Remedies of bondholders
§ 1115-P State, city and water board not liable on authority bonds
§ 1115-Q Moneys of the authority
§ 1115-R Bonds legal investment for fiduciaries
§ 1115-S Agreement of the state
§ 1115-T Exemption from taxes, assessments and certain fees; payments in lieu of taxes
§ 1115-U Actions against authority and water board
§ 1115-V Contracts
§ 1115-W Interest in contracts prohibited
§ 1115-X Authority, water board and city to take affirmative action
§ 1115-Y Audit and annual report
§ 1115-Z Limited liability
§ 1115-AA Separability
§ 1115-BB Effect of inconsistent provisions

Terms Used In New York Laws > Public Authorities > Article 5 > Title 6 - Albany Municipal Water Finance Authority

  • Administrator: means the state fire administrator established pursuant to article six-C of this chapter. See N.Y. Executive Law 372
  • Advice and consent: Under the Constitution, presidential nominations for executive and judicial posts take effect only when confirmed by the Senate, and international treaties become effective only when the Senate approves them by a two-thirds vote.
  • Allegation: something that someone says happened.
  • Answer: The formal written statement by a defendant responding to a civil complaint and setting forth the grounds for defense.
  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • Board: shall mean the board of directors of the institute. See N.Y. Executive Law 321
  • Building: means a combination of any materials, whether portable or fixed, having a roof, to form a structure affording shelter for persons, animals or property. See N.Y. Executive Law 372
  • code: means the New York state uniform fire prevention and building code promulgated pursuant to section three hundred seventy-seven of this article. See N.Y. Executive Law 372
  • Commissioner: shall mean the commissioner of the department of economic development. See N.Y. Executive Law 310
  • Complaint: A written statement by the plaintiff stating the wrongs allegedly committed by the defendant.
  • Construction: means the construction, reconstruction, alteration, conversion, repair, installation of equipment or use of buildings, and requirements or standards relating to or affecting materials used in connection therewith, including provisions for safety and sanitary conditions. See N.Y. Executive Law 372
  • Contract: A legal written agreement that becomes binding when signed.
  • Contracting agency: shall mean a state agency which is a party or a proposed party to a state contract or, in the case of a state contract described in paragraph (c) of subdivision thirteen of this section, shall mean the New York state housing finance agency, housing trust fund corporation or affordable housing corporation, whichever has made or proposes to make the grant or loan for the state assisted housing project. See N.Y. Executive Law 310
  • Contractor: shall mean an individual, a business enterprise, including a sole proprietorship, a partnership, a corporation, a not-for-profit corporation, or any other party to a state contract, or a bidder in conjunction with the award of a state contract or a proposed party to a state contract. See N.Y. Executive Law 310
  • 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.
  • Council: means the state fire prevention and building code council created by this article. See N.Y. Executive Law 372
  • Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
  • Day of religious observance: means any day or portion thereof on which a religious observance imposes a substantial burden on any test subject's ability to participate in a licensing examination, or any particular day or days or any portion thereof which any individual observes as a sabbath or other holy day or days in accordance with the requirements of his or her religion. See N.Y. Executive Law 328
  • Deed: The legal instrument used to transfer title in real property from one person to another.
  • Defendant: In a civil suit, the person complained against; in a criminal case, the person accused of the crime.
  • Department: means the department of state. See N.Y. Executive Law 372
  • Director: shall mean the director of the division of minority and women's business development in the department of economic development. See N.Y. Executive Law 310
  • Equipment: means plumbing, heating, electrical, ventilating, air conditioning, refrigerating equipment, elevators, dumb waiters, escalators and other mechanical additions or installations. See N.Y. Executive Law 372
  • Equitable: Pertaining to civil suits in "equity" rather than in "law." In English legal history, the courts of "law" could order the payment of damages and could afford no other remedy. See damages. A separate court of "equity" could order someone to do something or to cease to do something. See, e.g., injunction. In American jurisprudence, the federal courts have both legal and equitable power, but the distinction is still an important one. For example, a trial by jury is normally available in "law" cases but not in "equity" cases. Source: U.S. Courts
  • Ex officio: Literally, by virtue of one's office.
  • Fire area: means the floor area of a story of a building within exterior walls, party walls, fire walls, or any combination thereof. See N.Y. Executive Law 372
  • Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
  • Fraud: Intentional deception resulting in injury to another.
  • Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.
  • Institute: shall mean the New York state Martin Luther King, Jr. See N.Y. Executive Law 321
  • Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
  • Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
  • Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
  • Licensing examination: means any test or examination that is given in New York and used to determine whether an applicant will be licensed, certified, admitted, or otherwise permitted to practice any profession, business, trade, activity, or pursuit. See N.Y. Executive Law 328
  • Lien: A claim against real or personal property in satisfaction of a debt.
  • Local government: means a village, town (outside the area of any incorporated village) or city. See N.Y. Executive Law 372
  • Majority leader: see Floor Leaders
  • Means of egress: means a continuous unobstructed way of exit from any point in a building or structure to a public way. See N.Y. Executive Law 372
  • Minority leader: See Floor Leaders
  • Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
  • Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
  • Office: shall mean the division of minority and women's business development in the department of economic development. See N.Y. Executive Law 310
  • Office: means the office of fire prevention and control created pursuant to article six-C of this chapter. See N.Y. Executive Law 372
  • Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
  • Personal property: All property that is not real property.
  • Plaintiff: The person who files the complaint in a civil lawsuit.
  • Quorum: The number of legislators that must be present to do business.
  • Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
  • Remainder: An interest in property that takes effect in the future at a specified time or after the occurrence of some event, such as the death of a life tenant.
  • Secretary: means the secretary of state. See N.Y. Executive Law 372
  • Settlement: Parties to a lawsuit resolve their difference without having a trial. Settlements often involve the payment of compensation by one party in satisfaction of the other party's claims.
  • State agency: means any department, bureau, commission, board, public authority or other agency of the state, including any public benefit corporation any member of whose board is appointed by the governor. See N.Y. Executive Law 372
  • Subpoena: A command to a witness to appear and give testimony.
  • Temporary greenhouse: means specialized agricultural equipment having a framework covered with demountable polyurethane materials or materials of polyurethane nature and lacking a permanent and continuous foundation, which is specifically designed, constructed and used for the culture and propagation of horticultural commodities. See N.Y. Executive Law 372
  • Test subject: means an individual to whom a test or examination is administered. See N.Y. Executive Law 328
  • Testimony: Evidence presented orally by witnesses during trials or before grand juries.
  • Tort: A civil wrong or breach of a duty to another person, as outlined by law. A very common tort is negligent operation of a motor vehicle that results in property damage and personal injury in an automobile accident.
  • Trustee: A person or institution holding and administering property in trust.
  • Uniform Commercial Code: A set of statutes enacted by the various states to provide consistency among the states' commercial laws. It includes negotiable instruments, sales, stock transfers, trust and warehouse receipts, and bills of lading. Source: OCC
  • User fees: Fees charged to users of goods or services provided by the government. In levying or authorizing these fees, the legislature determines whether the revenue should go into the treasury or should be available to the agency providing the goods or services.
  • Utilization plan: shall mean a plan prepared by a contractor and submitted in connection with a proposed state contract. See N.Y. Executive Law 310
  • Venue: The geographical location in which a case is tried.
  • Women-owned business enterprise: shall mean a business enterprise, including a sole proprietorship, partnership, limited liability company or corporation that is:

    (a) at least fifty-one percent owned by one or more United States citizens or permanent resident noncitizens who are women;

    (b) an enterprise in which the ownership interest of such women is real, substantial and continuing;

    (c) an enterprise in which such women ownership has and exercises the authority to control independently the day-to-day business decisions of the enterprise;

    (d) an enterprise authorized to do business in this state and independently owned and operated;

    (e) an enterprise owned by an individual or individuals, whose ownership, control and operation are relied upon for certification, with a personal net worth that does not exceed fifteen million dollars, and such other amount as the director shall set forth in regulations, as adjusted annually on the first of January for inflation according to the consumer price index of the previous year; and

    (f) an enterprise that is a small business pursuant to subdivision twenty of this section. See N.Y. Executive Law 310