Section 897. Town of Erwin industrial development agency

For the benefit of
  the town of Erwin and the inhabitants thereof, an industrial development
  agency,  to be known as the Town of Erwin Industrial Development Agency,
  is hereby established for the  accomplishment  of  any  or  all  of  the
  purposes  specified  in title one of article eighteen-A of this chapter.
  It shall constitute a body corporate and politic, and  be  perpetual  in
  duration. It shall have the powers and duties now or hereafter conferred
  by  title  one  of  article  eighteen-A  of this chapter upon industrial
  development agencies. It shall be organized in a  manner  prescribed  by
  and  be  subject to the provisions of title one of article eighteen-A of
  this chapter. Its members shall be appointed by the  governing  body  of
  the  town of Erwin. The agency, its members, officers and employees, and
  its operations and actvities shall in all respects be  governed  by  the
  provisions of title one of article eighteen-A of this chapter.