Section 926-I. Village of Groton industrial development agency  


Latest version.
  • For the
      benefit  of  the  village  of  Groton,  county  of  Tompkins,  and   the
      inhabitants  thereof,  an  industrial development agency, to be known as
      the  village  of  Groton  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, 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  village  of Groton, and such agency shall abide by the local zoning
      ordinances and planning regulations and shall  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 village of  Groton.  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.
        * NB Expired July 20, 2003