(a) In the case of a village, county, town or village or district corporation the finance board, as such term is defined in subdivision four of section 2.00 of the local finance law;

(b) In the case of a public benefit corporation, the members thereof. 13. "Members" shall mean the members of the board of directors. 14. "Municipality" shall mean any city, county, town, village or county or town acting on behalf of an improvement district. 15. "Real property" shall mean lands, structures, franchises and interests in lands, waters, lands under water, groundwater 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 judgment, mortgages or otherwise. 16. "State sanitary code" shall mean regulations adopted pursuant to section two hundred twenty-five of the public health law. 17. "State" shall mean the state of New York. 18. "State agency" shall mean any state office, public benefit corporation, department, board, commission, bureau or division, or other agency or instrumentality of the state. 19. "System revenues" shall mean rates, rents, fees, charges, payments, assessments and other income and receipts derived from users of the facilities 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 sewer facilities of the authority. 20. "Treasurer" shall mean the treasurer of the authority.