(a) “Act” means paragraph (1) of subdivision (f) of Section 19596.5 of the Code, paragraph (1) of subdivision (i) of Section 19596.6 of the Code and subdivision (b) of Section 19596.15 of the Code.

(b) “Applicant” means the agency requesting the grant of moneys in connection with the issuance of Obligations the proceeds of which will be used for a purpose described in the Act and these regulations.

(c) “Application” means the application required to be submitted and filed by an Applicant pursuant to subdivision (b) of Section 19596.15 of the Code and Section 7001 of these regulations.

(d) “Code” means the Business and Professions Code of the State of California, as amended.

(e) “Commitment Agreement” means the agreement that, in accordance with Section 7004 of these regulations, shall be entered into between the Director and a Grantee specifying the terms and conditions of each Grant.

(f) “Department” means the Department of Food and Agriculture of the State of California.

(g) “Director” means the Director of the Department.

(h) “Grant” means any allocation of funds pursuant to the Act and these regulations as evidenced by the terms of a Commitment Agreement.

(i) “Grantee” means any Applicant which receives a Grant.

(j) “Obligations” means bonds, notes, debentures, certificates of participation, or other evidences of indebtedness the proceeds of which will be used for a purpose described in the Act and these regulations or to reimburse funds or refund obligations which were used for such purpose and the debt service on which will be repaid from a Grant.

(k) “Project” means any one or more of the following, including, in each case, related improvements and appurtenances: the construction of improvements at a fair's racetrack inclosure, the construction of satellite wagering facilities at a fair, health and safety repair projects at a fair, and handicapped access compliance at a fair.

(l) “Project Costs” means reasonable costs associated with any of the following: