§ 692. Definitions. As used in this article the following terms shall
mean:

1. "Governing body". The local legislative body.

2. "Municipality". A city having a population of one hundred thousand
or more and the town of Huntington.

3. " Eligible area". Real property, title to which is held by a
municipality. Provided, however, that in a city of one million or more,
property that the city conveys by deed made pursuant to a judgment of
foreclosure in an in rem tax lien foreclosure proceeding, or property
whose conveyance is caused by, or the result of, the city's foreclosure
of a tax lien thereon, including property to which title has not vested
in the city, which is then acquired by a third party, shall also be
deemed an eligible area under this article. Provided further, however,
that in a city of one million or more, property that has been acquired
by the federal government as the result of the foreclosure of a mortgage
loan insured or held by the federal government shall also be deemed an
eligible area under this article. Provided further, however, that real
property consisting of two contiguous acres or more of wooded land which
exists as substantially undeveloped at the time this article becomes
effective shall not be included as an eligible area for purposes of this
article.

4. "Agency". The officer, board, commission, department, or other
agency of the municipality designated by the governing body, or as
otherwise provided by law, to carry out the functions vested in the
agency under this article or delegated to the agency by the governing
body in order to carry out the purpose and provisions of this article,
except that in a city having a population of one million or more, the
term "agency" shall mean a department of housing preservation and
development.

5. "Urban development action area". An area designated by the
governing body, or by the commission where so authorized to act by the
governing body, pursuant to section six hundred ninety-three of this
article as appropriate for urban development, at least sixty percent of
which constitutes an eligible area.

6. "Urban development action area project". A project which shall be
consistent with the policy and purposes stated in section six hundred
ninety-one of this article, and located in an urban development action
area, unless the area designation requirement is waived pursuant to
section six hundred ninety-three of this article. The project summary
for an urban development action area project shall include but shall not
be limited to: a statement of proposed land uses; proposed public,
semi-public, private or community facilities or utilities; a statement
as to proposed new codes and ordinances and amendments to existing codes
and ordinances as are required or necessary to effectuate the project; a
proposed time schedule for the effectuation of such project, and such
additional statements or documentation as the agency may deem
appropriate.

7. "Commission". The local commission or board charged with the
planning of land use within the municipality or other analogous body or,
if there be none, the board of estimate or other governing body of the
municipality.