(1) The term "district" shall mean the Ogdensburg port authority district created by section thirteen hundred seventy-seven of this title.

(2) The term "authority" shall mean the corporation created by section thirteen hundred seventy-eight of this title.

(3) The term "board" shall mean the members of the authority.

(4) The term "bonds" shall mean bonds issued by the authority pursuant to this title.

(5) The term "city" shall mean the city of Ogdensburg.

(6) The term "port facilities" shall mean, among other things, wharfs, docks, refrigerating plants, warehouses, elevators, freight-handling piers, terminals, railroad tracks or terminals, cold storage and machinery and such equipment as is used in the handling of freight and the establishment and operation of a port, and work of deepening parts of the St. Lawrence river within the port district, and any other works, properties, buildings, structures or other facilities necessary or desirable in connection with the development and operation of port facilities in the district.

(7) The term "common council" shall mean the common council of the city.

(8) The term "mayor" shall mean the mayor of the city.

(9) The term "Industrial Project" shall mean a project designed and intended for the purpose of providing facilities for manufacturing, warehousing, research, business or other industrial or commercial purposes, including but not limited to machinery and equipment deemed necessary for the operation thereof (excluding raw materials, work in process or stock in trade), on land acquired or to be acquired by the authority for the establishment of an industrial park.