Section 923-D. Patterson industrial development agency  


Latest version.
  • For the benefit of
      the town  of  Patterson  and  the  inhabitants  thereof,  an  industrial
      development  agency, to be known as the PATTERSON 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  by  purchase,  shall be limited to the corporate limits of the
      town of Patterson, 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.   Notwithstanding   the   provisions   of
      subdivision  four  of  section  eight  hundred  fifty-eight  of  article
      eighteen-A of this chapter, such agency shall  not  have  the  power  to
      acquire real property by condemnation. Its members shall be appointed by
      the  governing  body  of the town of Patterson. 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.