§ 2.00 Definitions. As used in this chapter:\n 1. The term "municipality" shall mean a county, city, town or village.\n 2. The term "school district" shall mean any school district, except\nthe school districts of the cities of New York, Buffalo, Rochester,\nSyracuse and Yonkers.\n 2-a. The term "city school district" shall mean the city school\ndistrict of a city having less than one hundred twenty-five thousand\ninhabitants, according to the latest federal census.\n 2-b. The term "school district in a city" shall mean any school\ndistrict which is coterminous with, or partly within, or wholly within,\na city having less than one hundred twenty-five thousand inhabitants,\naccording to the latest federal census.\n 2-c. The term "board of cooperative educational services" shall mean\nany board of cooperative educational services, as defined in section\nnineteen hundred fifty of the education law, and such board shall,\nsolely for the purpose of contracting indebtedness pursuant to section\n25.00 of this chapter, be deemed to be a school district.\n 3. The term "district corporation" shall mean\n (a) A fire district\n (b) A river improvement, river regulating or drainage district\nestablished by or under the supervision of the department of\nconservation, or\n (c) Any other territorial division of the state, other than a\nmunicipality or a school district, which as of December thirty-first,\nnineteen hundred thirty-eight, possessed the power to\n (1) Contract indebtedness in its own name, and\n (2) Levy taxes or benefit assessments upon real estate or require the\nlevy of such taxes or assessments.\n 4. The term "finance board" shall mean\n (a) In the case of counties, the board of supervisors.\n (b) In the case of cities:\n (1) The board of estimate, board of estimate and apportionment or\nboard of estimate and contract in any city in which, as of the effective\ndate of this chapter, such body had the power to authorize the issuance\nof bonds or notes without the approval, in any case, of the council,\ncommon council or board of aldermen.\n (2) The council, common council or board of aldermen in any city in\nwhich, as of the effective date of this chapter, such body had the power\nto authorize the issuance of bonds or notes without the approval, in any\ncase, of the board of estimate or board of estimate and apportionment or\nboard of estimate and contract.\n (3) The council, common council or board of aldermen and the board of\nestimate, board of estimate and apportionment or board of estimate and\ncontract, in any city in which, as of the effective date of this\nchapter, the council, common council or board of aldermen had the power\nto authorize the issuance of all bonds or notes or bonds or notes for\ncertain objects or purposes only with the approval of the board of\nestimate, board of estimate and apportionment or board of estimate and\ncontract. In such a city, action by the finance board shall be initiated\nby the council, common council or board of aldermen.\n (c) In the case of towns, the town board.\n (d) In the case of villages, the village board.\n (e) In the case of school districts, the board of education or board\nof trustees; in the case of common school districts having one trustee,\nsuch trustee.\n (f) In the case of district corporations, the governing board or body,\nexcept that in the case of river regulating districts the action of the\ngoverning board or body thereof shall be subject to the approval of the\nwater power and control commission in relation to the authorization,\nterm, form and contents of bonds and capital notes.\nNothing contained in this subdivision shall be construed to affect the\npower of (a) the executive of a county to veto the acts of the board of\nsupervisors or (b) the executive of a city to veto the acts of the\ncouncil, common council or board of aldermen, or of the board of\nestimate, board of estimate and apportionment or board of estimate and\ncontract, w
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