(a) is necessary for the objectives and goals of the state sanitary code or the federal safe drinking water act to assure safe public drinking water;

(b) represents a reasonable effort to develop a viable water supply that can consistently meet drinking water standards;

(c) takes into consideration the water resources management strategy pursuant to title twenty-nine of article fifteen of the environmental conservation law;

(d) is a project for which financial assistance is available from the fund; and

(e) conforms with applicable state rules and regulations. 5. "Financial assistance to a recipient" has the same meaning as set forth in subdivision four of section twelve hundred eighty-five-m of the public authorities law. 6. "Financing agreement" means an agreement between the corporation and one or more recipients meeting the requirements of section eleven hundred sixty-three of this title. 7. "Fund" means the drinking water revolving fund established under section twelve hundred eighty-five-m of the public authorities law. 8. "Intended use plan" means a plan identifying the intended uses of the amounts available in the fund, including but not limited to:

(a) a list of those projects for construction of water supply facilities on the priority list developed pursuant to section eleven hundred sixty-one of this title;

(b) a description of the short and long term goals and objectives of the fund;

(c) information on the activities to be supported, including a description of project categories, terms of financial assistance and communities served; and

(d) the criteria and method established for the distribution of financial assistance from the fund. 9. "Municipality" means any county, city, town, village, district corporation, county or town improvement district, school district, Indian nation or tribe recognized by the state or the United States with a reservation wholly or partly within the boundaries of New York state, any public benefit corporation or public authority established pursuant to the laws of New York or any agency of New York state which is empowered to construct and operate an eligible project, or any two or more of the foregoing which are acting jointly in connection with an eligible project. 10. "Recipient" means any municipality, public utility, or person, including any individual, firm, partnership, association, not-for-profit corporation or other corporation organized and existing under the laws of the state or any other state which is empowered to construct and operate an eligible project, or any two or more of the foregoing which are acting jointly in connection with an eligible project.