§ 1493-b. Definitions. As used or referred to in this title, unless a different meaning clearly appears from the context:

1. The term "authority" shall mean the corporation created by section fourteen hundred ninety-three-c of this title;

2. The term "city" shall mean the city of Albany;

3. The term "bonds" shall mean the bonds authorized in this title;

4. The term "board" shall mean the members of the authority;

5. The term "real property" shall mean lands, structures, franchises, and interest in lands, and any and all things usually included within the said term, and includes not only fees simple absolute but also any and all lesser interest, such as easements, rights of way, uses, leases, licenses, and all other incorporeal hereditaments and every estate, interest or right, legal or equitable, including terms of years, and liens thereon by way of judgments, mortgages or otherwise, and also claims for damage to real estate, in the area of the city;

6. The term "project" shall mean any area or place operated or to be operated by the authority for the parking or storing of motor and other vehicles or any area or place which use is supported by the authority's parking or storing of such vehicles and shall, without limiting the foregoing, include all real and personal property, driveways, roads, approaches, structures, terminals of all kinds, garages, meters, mechanical equipment, and all appurtenances and facilities proximate to, on, above or under the ground which are used or usable in connection with such parking or storing of such vehicles in the area of the city or which facilitates increased supply or demand for parking;

7. The term "projects" shall mean more than one project.