Section 922-A. Village of Hastings-on-Hudson industrial development agency  


Latest version.
  • (a) For the benefit of the village  of  Hastings-on-Hudson,  Westchester
      county,  and  the inhabitants thereof, an industrial development agency,
      to be known as the VILLAGE OF HASTINGS-ON-HUDSON 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 have, in addition to the powers granted herein, all
      the powers and duties now or hereafter conferred by title one of article
      eighteen-A  of  this  chapter  upon  industrial  development   agencies,
      provided  that in the exercise of the powers by such agency with respect
      to the acquisition and use of real property such agency shall take  into
      consideration  local zoning and planning regulations as well as regional
      and local comprehensive land use plans. It shall  be  organized  in  the
      manner  prescribed by and, except as provided specifically herein, shall
      be subject to the provisions of title one of article eighteen-A of  this
      chapter.  The  agency,  its  members,  officers  and  employees  and its
      operations and activities, except as provided specifically herein, shall
      be governed by the provisions of title one of article eighteen-A of this
      chapter.
        (b) In addition to the powers and duties now or hereinafter  conferred
      by  title  one  of  article eighteen-A of this chapter, the agency shall
      have the power (i)  to  acquire,  construct,  renovate,  own,  maintain,
      improve, equip and lease, with an option to buy, or sell any interest in
      one  or  more  warehousing  facilities,  including,  without limitation,
      storage tanks for oil and other petroleum  products,  whether  presently
      existing   or   to   be  constructed,  together  with  necessary  harbor
      facilities, loading facilities, roadways, equipment  and  other  related
      facilities  necessary  or  convenient  thereto  and  (ii) to finance the
      acquisition of such facilities through the issuance  of  its  bonds  and
      notes,  when,  in the judgment of the agency, such facilities will serve
      to  promote,  develop,  encourage   and   assist   in   the   acquiring,
      constructing,  reconstructing,  improving,  maintaining,  equipping  and
      furnishing  industrial,  manufacturing,  warehousing,  commercial,   and
      research  facilities  including  industrial pollution control facilities
      and thereby advance the job opportunities,  health,  general  prosperity
      and  economic welfare of the people of the state of New York and improve
      their prosperity and standard of living.