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This entry was published on 2014-09-22
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SECTION 980
Definitions
General Municipal (GMU) CHAPTER 24, ARTICLE 19-A
§ 980. Definitions. As used in this article:

(a) "Average full valuation of taxable real property" means the
valuation obtained by taking the assessed valuation of taxable real
property in the district as it appears upon the last completed and four
preceding assessment rolls of the municipality and dividing each by the
applicable state equalization rate as determined by the commissioner of
taxation and finance pursuant to article twelve of the real property tax
law for each of the assessment rolls and dividing the sum of the
quotients thus obtained by five.

(b) "District" means a business improvement district established
pursuant to this article.

(c) "District charge" means a levy imposed on behalf of the district
as provided in the district plan.

(d) "District management association" means the association
established pursuant to section nine hundred eighty-m of this article.

(e) "District plan" or "plan" means a proposal as defined in section
nine hundred eighty-a of this article.

(f) "Legislative body" means the local legislative body empowered to
adopt and amend local laws or ordinances.

(g) "Municipality" means a city, town or village within the state of
New York.

(h) "Owner" means owner of record.

(i) "Tenant" means an occupant pursuant to a lease of commercial space
or a dwelling unit, other than an owner.