[§107D-1] Definitions. As used in this chapter:
"Building lease" means a contract between the department and private investor in which the private investor conveys an improved facility to the department for a specified period of time.
"Department" means the department of accounting and general services.
"Development agreement" means an agreement between the State and a private investor which, at a minimum, includes:
"Facility" means property under the management and control of the department that may contain land, buildings, or both.
"Ground lease" means a lease of land executed between the State and private investor pursuant to which the private investor will renovate the existing facility, provide improvements, or construct a new building or buildings on a specified property.
"Private investor" means a non-governmental entity. [L 2011, c 231, pt of §2]