Section 898-A. Town of Lancaster industrial development agency

For the
  benefit of the town  of  Lancaster  in  the  county  of  Erie,  and  the
  inhabitants  thereof,  an  industrial development agency, to be known as
  the  TOWN  OF  LANCASTER  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 and provided that the exercise of the  powers  by  such  agency
  with  respect  to  the acquisition of real property whether by purchase,
  condemnation or otherwise, shall be limited to the corporate  limits  of
  the Town of Lancaster, and such agency shall take into consideration the
  local  zoning and planning regulations as well as the regional and local
  comprehensive land  use  plans.  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  Lancaster.  The agency, its members,
  officers and employees and its operations and activities  shall  in  all
  respects  be  governed  by  the  provisions  of  title  one  of  article
  eighteen-A of this chapter.