In this chapter, the following words and terms shall, unless the context otherwise requires, have the following meanings:
(1)“Authority,” the Health Facilities Authority created by § 9204 of this title.
(2)“Bonds” or the words “revenue bonds” shall mean revenue bonds of the Authority issued under this chapter, including revenue refunding bonds notwithstanding that the same may be secured by mortgage or by the full faith and credit or by any other lawfully pledged security of 1 or more participating facilities.
(3)“Cost,” as applied to a project or any portion thereof financed under this chapter embraces all or any part of the costs of a project, whether capital or otherwise, including the cost of construction, acquisition, alteration, enlargement, reconstruction and remodeling of a p
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In this chapter, the following words and terms shall, unless the context otherwise requires, have the following meanings:
(1) “Authority,” the Health Facilities Authority created by § 9204 of this title.
(2) “Bonds” or the words “revenue bonds” shall mean revenue bonds of the Authority issued under this chapter, including revenue refunding bonds notwithstanding that the same may be secured by mortgage or by the full faith and credit or by any other lawfully pledged security of 1 or more participating facilities.
(3) “Cost,” as applied to a project or any portion thereof financed under this chapter embraces all or any part of the costs of a project, whether capital or otherwise, including the cost of construction, acquisition, alteration, enlargement, reconstruction and remodeling of a project including all lands, structures, real or personal property, rights, rights-of-way, air right, franchises, easements and interests acquired or used for or in connection with a project, the cost of demolishing or removing any buildings or structures on land so acquired, including the cost of acquiring any lands to which such buildings or structures may be moved, the cost of all machinery and equipment, financing charges, interest prior to, during and for a period after completion of such construction and acquisition, provisions for reserves for principal and interest and for extensions, enlargements, additions, replacements, renovations and improvements, the cost of architectural engineering, financial and legal services, plans, specifications, studies, surveys, estimates of cost and of revenues, administrative expenses, expenses necessary or incident to determining the feasibility or practicability of constructing the project and such other expenses as may be necessary or incident to the construction and acquisition of the project, the financing of such construction and acquisition and the placing of the project in operation.
(4) “Facility,” a health-care facility within the State, including a hospital, psychiatric hospital, tuberculosis hospital, skilled nursing facility, kidney disease treatment center, including freestanding hemodialysis unit, intermediate care facility, ambulatory health-care facility, freestanding emergency facility, home health agency and blood bank.
(5) “Participating facility,” a facility which, pursuant to this chapter, undertakes the financing and construction or acquisition of a project or undertakes the refunding or refinancing of obligations or of a mortgage or of advances as provided in this chapter.
(6) “Project,” in the case of a participating health-care facility, any activity whether a capital improvement or otherwise, within the State, including any structure or structures suitable for use as a hospital, clinic or other health-care facility, laboratory, laundry, nurses’ or interns’ residence as a part of the health-care facility, or other multi-unit housing facility for staff, employees, patients or relatives of patients admitted for treatment in such health-care facility, doctors’ office building, administration building, research facility, maintenance, storage or utility facility as a part of the health-care facility and other structures or facilities related to any of the foregoing or required or useful for the operation of a health-care facility, including parking and other facilities or structures essential or convenient for the orderly conduct of such health-care facility, and shall also include landscaping, site preparation, furniture, equipment and machinery and other similar items necessary or convenient for the operation of a particular health-care facility or structure in the manner for which its use is intended; and “project” may include any combinations of 1 or more of the foregoing undertaken jointly by any participating facility with 1 or more other participating facilities.