Section 903. City of Yonkers industrial development agency  


Latest version.
  • For the benefit
      of the city of  Yonkers  and  the  inhabitants  thereof,  an  industrial
      development  agency,  to  be  known  as  the  CITY OF YONKERS INDUSTRIAL
      DEVELOPMENT AGENCY, is established to  accomplish  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  city  of  Yonkers,  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  mayor of the city of Yonkers. 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.