provision of high-speed broadband service, including fiber optic
equipment, cables, cabinets, wires, junctions, hubs, nodes,
amplifiers, receivers, conduits or poles.
"Capital project." A flood control, highway, public
improvement, redevelopment assistance capital [or],
transportation assistance project, broadband capital project or
energy infrastructure capital project which is financed by debt
or by other funds and which meets all of the following:
(1) Is an undertaking to construct, repair, renovate,
improve, equip, furnish or acquire any:
(i) building, structure, facility, infrastructure or
physical public betterment or improvement;
(ii) land or rights in land; or
(iii) furnishings, machinery, apparatus or equipment
for a building, structure, facility or physical public
betterment or improvement.
(2) Is itemized in a capital project itemization bill as
a capital project.
(3) Has an estimated useful life in excess of five
years.
(4) Has an estimated financial cost in excess of
$100,000. This paragraph does not apply to original equipment
or furnishings for previously authorized public improvement
projects.
* * *
"Energy infrastructure capital project." The design and
construction of a redevelopment capital assistance project for
the installation of one of the following:
(1) Compressed natural gas, liquid natural gas or
renewable natural gas infrastructure to incentivize the use
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