Section 911-A. Suffolk county industrial development agency

1. For the
  benefit of Suffolk county and the  inhabitants  thereof,  an  industrial
  development  agency,  to  be  known  as  the  SUFFOLK  COUNTY 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  county  of  Suffolk,  and  such
  agency  shall  be  subject  to  the  local  town  and village zoning and
  planning regulations and take into consideration 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  county  of  Suffolk.  The  agency,  its  members,
  officers  and  employees  and  its  operations and activities, except as
  provided specifically herein, shall in all respects be governed  by  the
  provisions of title one of article eighteen-A of this chapter.
    2.  In addition to the powers and duties now or hereafter conferred by
  title one of article eighteen-A of this chapter, the agency  shall  have
  the  power  (i)  to  acquire  a  lease-hold interest in, to reconstruct,
  construct additions to, own, maintain, equip and to lease  or  sell  its
  interest  in  the  sewer  system or any part thereof for the collection,
  conveyance, treatment and disposal of  sewage  of  the  Southwest  sewer
  district  of  the county of Suffolk, which may include any or all right,
  title and interest of the county of Suffolk, or of the  Southwest  sewer
  district  of  said  county,  in  and to any land and rights in land, any
  buildings, structures and improvements now  or  at  any  time  hereafter
  erected  or  constructed  upon such land or rights in land, any fixtures
  attached thereto, and any personal property of any kind and description,
  whether the same is a structural or  nonstructural  component,  and  any
  alterations,  replacements,  additions  or  substitutions for any of the
  foregoing, and (ii) to finance  the  foregoing,  or  any  part  thereof,
  through the issuance of its bonds and notes.
    3. Notwithstanding any inconsistent provision of law, all of the terms
  and  conditions  with  respect  to  the  bonds  and  notes authorized by
  subdivision two hereof, including but not limited to the fees to be paid
  for the preparation or  servicing  thereof,  the  financing  agreements,
  resolutions  or  arrangements  needed  or  required  to  carry  out  the
  provisions of such subdivision, and all indemnification agreements shall
  be subject to the prior approval of the state comptroller.