As used in this subchapter:
(1) "Agency" or "state agency" means any agency, board, office, commission, department, division, or institution of the State of Arkansas;
(2) "Authority" means the Arkansas Development Finance Authority created pursuant to § 15-5-101 et seq.;
(3) "Bonds" or "revenue bonds" means any bonds, notes, debentures, interim certificates, grant and revenue anticipation notes, interest in a lease, lease certificates of participation, or evidences of indebtedness, whether or not the interest on them is subject to federal income taxation;
(4) "Building Authority Division of the Department of Finance and Administration" means the public agency known as the "Building Authority Division of the Department of Finance and Administration" and the "Building Authority Council", as established under § 22-2-101 et seq.; and
(5) "Construct" means to acquire, construct, reconstruct, remodel, install, and equip any lands, buildings, structures, improvements, or other property, real, personal, or mixed, useful in connection therewith and to make other necessary expenditures in connection therewith by such methods and in such manner as the Building Authority Division of the Department of Finance and Administration shall determine to be necessary or desirable to accomplish the powers, purposes, and authority set forth in this subchapter.
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