In this part the following words have the meanings indicated. “Capital equipment” means essential fixed equipment and furnishings with an expected useful life of at least 15 years. “Cost” means all expenses incident to a project. “Cost” includes: the cost to acquire any interest in real or personal property in connection with a project; the cost of financial, technical, professional, engineering, and legal services in connection with a project whether the expenses are incurred before or after any bond, note, or other evidence of indebtedness or obligation is issued by the State to finance the project; the cost of development of a senior citizen activities center master plan; and the cost of plans, specifications, surveys, estimates of costs and revenues, feasibility or practicability reports, machinery, equipment, and administrative expenses, and other expenses that are necessary and incident to the financing authorized for the project. “Grant” means a grant from the State under the Program. “Improvement” means construction, replacement, extension, or betterment of a senior citizen activities center or real property. “Master plan” means a comprehensive plan for a local government’s projected need for funds for senior citizen activities centers over 15 years. “Program” means the Senior Citizen Activities Centers Capital Improvement Grants Program. “Project” means a capital construction, expansion, renovation, or replacement project for a proposed or existing senior citizen activities center that: receives or has received a grant for work that is eligible under this part; is operated under the authority of a unit of local government; and is: wholly owned by the unit of local government; or leased by a unit of local government if: the lease is for a minimum term of 15 years after completion of the project or gives the lessee the right of purchase; and the lessor consents to the recording of a notice of the right of recovery under § 10–506 of this subtitle in the land records of the county in which the facility is located. “Senior citizen activities center” means a community or neighborhood facility in which a broad spectrum of services are organized and provided to individuals at least 60 years old or their spouses, including health, social, nutritional, educational, and recreational services.