§ 499-aaaaa. Definitions. When used in this title, the following terms
shall have the following meanings:

1. "Abatement period" means the tax year or tax years in which the
abatement is applied by the department of finance to the real property
tax liability of an eligible building, provided that such abatement may
not be applied to the real property tax liability of such building
during more than five tax years.

2. "Applicant" means an owner who files an application for tax
abatement.

3. "Application for tax abatement" means an application for a
childcare center tax abatement pursuant to section four hundred
ninety-nine-ccccc of this title.

4. "Childcare center" means a childcare program for which a permit to
operate such program has been issued by the department of health and
mental hygiene pursuant to the health code of the city.

5. "Childcare desert" means a census tract in a city having a
population of one million or more where, at the time of an application
for tax abatement, there are three or more children under five years of
age for each available childcare slot, or where there are no available
childcare slots, as of the most recently published determinations by the
office of children and family services.

6. "City" means a city with a population of one million or more.

7. "Cost-reasonable" means having a cost that, in its nature and
amount, does not exceed that which would be incurred by a prudent person
under the circumstances prevailing at the time the decision was made to
incur the cost.

8. "Department of finance" means the department of finance of a city
having a population of one million or more.

9. "Department of health and mental hygiene" means the department of
health and mental hygiene of a city having a population of one million
or more.

10. "Designated agency" means an agency of a city having a population
of one million or more that is designated by the mayor of such city to
exercise the functions, powers and duties of a designated agency
pursuant to this title.

11. "Eligible building" means a class one, class two or class four
property, as such classes of property are defined in subdivision one of
section eighteen hundred two of this chapter, located within a city
having a population of one million or more, provided that, for any such
property held in the condominium form of ownership, "eligible building"
shall mean a tax lot in such property.

12. "Owner" means the owner of an eligible building, or with respect
to an eligible building held in the cooperative form of ownership, the
board of directors of a cooperative apartment corporation, or, with
respect to an eligible building held in the condominium form of
ownership, an owner of a tax lot in such building or the board of
managers of such building.

13. "Premises" means the location of a childcare center as specified
on the permit for the operation of such center issued by the department
of health and mental hygiene pursuant to the health code of the city.