Section 925-B. Town of Carmel industrial development agency

For the benefit
  of  the  town  of  Carmel  and  the  inhabitants  thereof, an industrial
  development agency, to  be  known  as  the  TOWN  OF  CARMEL  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 Carmel, 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  Carmel.  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.