(a) In the case of a city, county, town or village or district corporation the finance board as such term is defined in the local finance law.

(b) In the case of a public benefit corporation, the members thereof. 14. "Members" shall mean the members of the board of directors. 15. "Municipality" shall mean any city, county, town, village or county or town acting on behalf of an improvement district. 16. "Real property" shall mean lands, structures, franchises and interests in land, waters, lands under water, goundwater riparian rights and air rights and any and all things and rights customarily included within the term "real property" and includes not only fee simple absolute, but also any and all lesser interests including, but not limited to, easements, rights of way, uses, leases, licenses and all other incorporeal hereditaments and every estate, interest or right, legal or equitable, including terms for years and liens thereon by way of judgments, mortgages or otherwise. 17. "State sanitary code" shall mean regulations adopted pursuant to section two hundred twenty-five of the public health law. 18. "State" shall mean state of New York. 19. "State agency" shall mean any state office, public benefit corporation, department, board, commission, bureau or division, or other agency or instrumentality of the state. 20. "Supply facility" shall mean a water facility employed to make groundwater or surface water available for delivery into a transmission facility or distribution system. 21. "System revenues" shall mean all rates, rents, fees, charges, payments and other income and receipts derived from users of the authority without limiting the generality of the foregoing, investment proceeds and proceeds of insurance, condemnation, sales or other dispositions of assets, together with all federal, state or municipal aid as well as any other income derived from the operation of the water facility of the authority. 22. "Transmission facility" shall mean a water facility used to carry water from a supply facility to a distribution system. 23. "Treasurer" shall mean the treasurer of the authority. 24. "Water facility" or "water facilities" shall mean any plants, structures and other real and personal property acquired, rehabilitated or constructed for the purpose of supplying, transmitting, distributing or treating water, including but not limited to surface or groundwater reservoirs, basins, dams, canals, aqueducts, standpipes, conduits, pipelines, mains, pumping stations, water distribution systems, compensating reservoirs, intake stations, waterworks or sources of water supply, wells, purification or filtration plants or other treatment plants and works, connections, water meters, rights of flowage or diversion and other plants, structures, equipment, towers, conveyances, real or personal property or rights therein and appurtenances thereto necessary or useful and convenient for the accumulation, supply, transmission, treatment or distribution of water. 25. "Water project" shall mean any water facility, including the planning, development, financing or construction thereof. 26. "Watershed rules" shall mean the rules and regulations made by the department of health pursuant to section eleven hundred of the public health law.