Section 913-A. Town of East Greenbush industrial development agency

1. For
  the benefit of the town of East Greenbush and the  inhabitants  thereof,
  an  industrial  development  agency,  to  be  known  as the TOWN OF EAST
  GREENBUSH 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 East Greenbush, 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  East
  Greenbush.  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. To the
  extent that the foregoing provisions of this subdivision or of title one
  of this article are inconsistent with the provisions of subdivision  two
  of  this  section,  the  provisions  of  such  subdivision  two shall be
  controlling.
    2. The provisions of subparagraph two of paragraph (b) of  subdivision
  one  of  section eight hundred fifty-six of this article shall not apply
  to the town of East Greenbush  industrial  development  agency  and  the
  agency  as  created  and constituted pursuant to the other provisions of
  this article is continued until otherwise altered or terminated pursuant
  to law.